Payment & Travel Companies Sound Alarm Over Pending E.U. Card Regulations, BTN

Virtual payments technology provider Conferma said SCA could hobble virtual cards, in spite of their impermeability to fraud. Once again, the problem relates to the fact that the traveler and payer are not the same person and therefore the payer is not able to supply the required authentication. "When a traveler stands at a hotel desk, it's often not their credit on the virtual credit card; it's the TMC's credit," said Conferma chief information security officer John Makin.

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