Strong Customer Authentication (SCA), a new rule coming into effect on September 14, 2019, as part of PSD2 regulation in Europe, will require changes to how your European customers authenticate online payments.
In order to comply with the new regulations, all Terminal users accepting payments with Stripe must connect their Stripe accounts with Terminal before the above mentioned date. Failure to do so will result in an increased rate of failed transactions for your customers.
Connecting your account with Terminal can be done in 3 simple steps:
Step 1: Update Stripe API Version to the latest release
Log in to your stripe account. On the dashboard, select Developers on the main navigation menu. If you're not using the latest version of the API, you should see the blue Upgrade available button as shown in the image below. Click it and confirm the upgrade.
Step 2: Log in to Terminal & Connect your Stripe Account
Log in to your Terminal account. On the dashboard, select Settings on the main navigation menu. On the main settings page, select Stripe Connect and click the buttonto connect your Terminal Account as shown in the image below.
Step 3: Authenticate Stripe for Terminal
The final step is to authorize Terminal to connect to your Stripe account. This allows Terminal to perform the necessary updates to your Stripe integration to ensure payments on your website are SCA ready.
That's it! Your integration is now SCA ready, and your customers should have a seamless payment experience in line with the new regulations.
If you experience any trouble with your integration, please reach out to a member of our support team.
Your friends at Terminal App.