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Are you prepared for changes to SCA legislation? Take the survey now

22 Oct 2020

Help us understand your knowledge and preparedness for SCA by completing the following anonymous survey before 27th October
Read more…

Best Small Shops competition shortlisted shops feature on Sky News

21 Oct 2020

Earlier today Pennine Cycles, Sound Records Stroud and Nourish Zero Waste appeared on Sky News' Ian King show in support of today's Best Small Shops Competition 2020 shortlist announcement!... Read more…

Best Small Shops competition 2020 announces extended shortlist of 30 shops!

21 Oct 2020

Due to the high number of excellent quality entrants this year there has been a total of 30 shops announced in the running to be named Winner, Runner Up or Most Innovative Business During... Read more…

ACT re-structures for future retail

20 Oct 2020

The ACT has restructured to be bigger, better and more value for money
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Safety will be number one factor among shoppers this Christmas according to Maybe* report

19 Oct 2020

Maybe* has gathered 14,000 answers from across the UK to understand what shoppers want from retail over Christmas 2020
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How Local Bike Shop Day boosted social media success with Maybe*

8 Oct 2020

Maybe* is an engagement and insight platform that helps businesses to deliver exceptional social media experiences that deliver business results
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Regulatory timescales changed for Strong Customer Authentication (SCA)

7 Oct 2020

Global Payments have provided an update on Strong Customer Authentication, and as the payments industry continues to prepare withinthe current climate, the regulatory timescales have now... Read more…

Single-Use Plastics Ban Takes Effect in England

5 Oct 2020

The single-use plastics ban has now come into effect in England as part of Government's 25 Year Environment Plan.
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Businesses with a credit rating drop since COVID-19 can now make a claim to their insurers

30 Sep 2020

There is an official form you can send to your credit company to claim back for your dropped credit score
Read more…

Download the Indie Retail face covering poster to inform customers and staff of the new law

25 Sep 2020

It is now compulsory for all retail workers in England to wear face masks from today, Indie Retail has created a Face Covering Poster for shops to display outside to inform customers and... Read more…

Are you prepared for changes to SCA legislation? Take the survey now

Posted on in Business News, Cycles News

We previously reported that SCA (Strong Customer Authentication) was to be introduced on ecommerce transactions, but the legislation was postponed from its originally planned launch in 2019.

Bira, member of the IRC alongside ActSmart and the ACT, is on the UK Task Force, representing SME businesses in the group set up by UK Finance.

Payment processing providers should be informing their customers of the coming changes, and whilst Global Payments, Bira's official partner are in the process of producing guidance for Bira members, Bira, in conjunction with UK Finance wish to understand SCA readiness amongst UK SMEs.

Within the UK, SCA will be introduced gradually from February 2021 leading up to the FCA enforcement date of 14th September 2021. For further information on the SCA implementation and ramp up plan, please refer to the UK Finance SCA webpage here. For the rest of Europe, the enforcement date for SCA is from 31st December 2020.

It is important that your business will be ready to comply with the regulations as soon as possible and by 31st May 2021 at the latest. Otherwise, your customers may find their UK payments declined from as early as 1st June 2021 if you/your payment processing providers are not ready.

Please help us understand your knowledge and preparedness for SCA by completing the following anonymous survey before 27th October.

www.surveymonkey.co.uk/r/Bira-SCA-3 

 


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