Prepare for the Chargeback Apocalypse with A2A Payments Rise in Europe

Fraud
Payments
MRC Amsterdam 2024
Justt, Vestiaire Collective
Oct 15, 2024
Presentations

The rise of Account-to-Account (A2A) payments marks a significant transformation in Europe's payment scene, now holding 18% of e-commerce payments with a projected 10% CAGR through 2026. However, there is a critical gap: the lack of a standardized mechanism for dispute resolution and chargebacks. This session will delve into the intricacies of how “friendly fraud” takes place in the A2A environments, where PSD2 SCA protection falls short, and what the ecosystem can do to fortify a dispute resolution framework that protects all parties involved.

Learning Objectives:

  • How “friendly fraud” takes place in the A2A environments
  • Where PSD2 SCA protection falls short
  • What the ecosystem can do to create a dispute resolution framework that protects all parties involved

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