The Identity Check is a security procedure in payment transactions used to verify the identity of a user or buyer. Its goal is to prevent fraud and ensure that the transaction is carried out by an authorized person. Particularly in the context of Know Your Customer (KYC)- and Strong Customer Authentication (SCA)regulations, the Identity Check is an essential component of secure online payments.
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secupay Payments Glossary
We explain payment terminology from A to Z, including accounting and payment methods.