Secure bookings with Two-Factor Authentication—Directive (EU) 2015/2366 PSD2

Driving your new business car should be secure from the moment you get behind the wheel. So should managing your SIXT account. With Two-Factor Authentication (2FA) in accordance with Directive (EU) 2015/2366 PSD2, we make sure all your bookings and payments are as safe as possible. What is the Payment Services Directive2? Directive (EU) 2015/2366 PSD2 (short: PSD2) is a convoluted way of saying: Let’s make your payments and bookings as safe as possible by ensuring nobody can book a shiny new business car in your name and drive off while you’re stuck with a headache and lots of paperwork. On 14/09/2019 the European Union issued a new directive for online payments that requires Two-Factor Authentication every time you want to make a purchase on the internet. If you’ve ever bought something online over the last 2 years, you’ll already be familiar with 2FA. It might sound complicated, but it really is just a couple extra clicks before hitting ‚Buy'. Since certain kinds of online bookings, especially of big-ticket items such as a car, pose a potential risk for fraud, both banks and the EU decided that one single password isn’t enough protection for your accounts. Instead, according to Directive (EU) 2015/2366 PSD2 you need two different types of authentication from different categories in order to determine your identity. The categories are Knowledge (password, PIN,...
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