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Bugs & Feature Requests
Gateways, Merchant Accounts, Bank Accounts, Oh My!
New PSD2 and billing stored cards
We have a plan to use stored cards to bill for service renewals and auto-billing.
Any indication of how this may work with PSD2 and stored cards?
Do cards need to complete PSD2 at least once then we can charge the stored card?
Great question. As we understand it, PSD2 will include exceptions fixed-cost subscriptions and merchant-initiated transactions. These exceptions appear to still be under active discussion though, so the final requirements/approach is still to be determined.
We're continuing to work through our integrations to add support as gateways finalise their documentation. We'll be working with each to ensure that subscriptions, both new and existing, continue to work for any customers based in Europe who fall under the upcoming mandatory requirements for SCA/PSD2.