Digital bank Revolut announced earlier this week the launch of its new 3D secure (3DS) payments feature. According to Revolut, the feature was created to help fight against fraud and to keep Revolut users safe.
“3DS is a step you take when buying something online using your Revolut card. If you’ve ever bought something online with another card, then you’re probably already familiar with the general concept. 3DS on Revolut is simple. If you’re paying with your Revolut card on a website that uses 3D Secure, we’ll automatically send you a push notification. This push notification will ask you to open the app, and tap on ‘Confirm’. Simple as that. If for any reason you don’t get a notification, you’ll just need to open the app and tap on Confirm.”
Revolut also reported that the 3DS confirmation happens before the transaction is made, meaning the user’s payment could still be declined after they confirm it in the app. The fintech added:
“There are two parts to this. 3DS only applies to ecommerce payments. That is, payments made for things you buy online. It does not apply when you use your physical card in a shop, at a chip and pin machine, for example. The second thing to note is that 3DS only applies to certain ecommerce payments. Revolut has no control over which ones it applies to, as this is handled by merchants individually.”