Simplifying PSD2 with our new Authentication Engine
(Latest update: 23 November 2017)
The requirements below apply to all regions. If you don't comply by April 2018, you may be fined by Visa.
Earlier this year, Visa introduced 'card-on-file' as a new transaction type. This will make it easier to tell the difference between subscription and card-on-file payments.
You can classify recurring businesses as follows:
Some businesses use both types, like a TV subscription with pay-per-view charges.
You now need to identify transactions as either 'subscription' or 'card-on-file'. And you must follow Visa's guidelines for transactions with stored credentials.
If you don't use the new transaction type from April 2018, Visa will flag you as non-compliant and you may be charged.
By default Adyen will flag recurring transactions as 'subscription'.
Are you processing both subscription and card-on-file transactions on the same merchant account? If so we offer a new API field for flagging recurring transactions.
Please make sure that you are compliant with the new regulations by April 2018.
We'll track issuer behavior during the rollout. In this way we can rule out any negative impact when sending the new indicators to issuers.
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