I received the following from Stripe today. Can you confirm that you are working on a new version of the Stripe payment plug-in for European customers? When will it be ready?
On September 14, 2019, a new regulation for authentication will be introduced in Europe. Known as Strong Customer Authentication (SCA), this regulation will apply to online payments within the European Economic Area (EEA) where the cardholder’s bank and the business’s payment provider are both in the EEA. Some businesses outside of Europe may also be impacted depending on how European issuers implement the new authentication rules.
SCA requires that businesses use two independent authentication elements to verify payments. Transactions that don’t meet these new authentication requirements or qualify for any exemption may be declined starting September 14, 2019. 3D Secure 2—the new version of 3D Secure rolling out in 2019—will be the primary authentication method used to meet SCA requirements for card payments.
Stripe is building solutions to make it easy for you to comply with the new regulation and minimize the impact on conversion. We have released a beta of a new SCA-ready API—PaymentIntents, that lets you dynamically apply 3D Secure whenever it is required or there is high fraud risk. PaymentIntents will provide support for 3D Secure 2 automatically in early 2019. As soon as SCA requirements go into effect, PaymentIntents will dynamically trigger 3D Secure 2 when required and apply exemptions to SCA requirements when possible.
Currently in beta, you can find more about this API here. Over the coming months, we’ll be expanding the API’s functionality and releasing additional updates to other Stripe products to help you prepare for SCA.
