Stripe Payment Requests
- Posted By: stephanie LMC
In today’s age of online credit card payments and processing, more and more standards and security measures are being put into effect to better protect the consumers and merchants. These standards are aimed at reducing fraud and further making online payments more secure.
Back in September, Limo Anywhere updated its Stripe Integration to Stripe’s new payments API with Strong Customer Authentication (SCA) and 3D Secure.
What is Strong Customer Authentication (SCA)?
Strong Customer Authentication (SCA) is a European regulatory requirement to reduce fraud and further make online payments more secure. Strong Customer Authentication (SCA) applies to online payments within Europe where both the business and the cardholder’s bank are located in the European Economic Area (EEA), United Kingdom, and Switzerland.
Credit Card payments require a different user experience and flow, namely 3D Secure, in order to meet SCA requirements.
What is 3D Secure?
For extra fraud protection, 3D Secure requires customers to complete an additional verification step with the card issuer when paying with their Credit Card online. Typically, you direct the customer to an authentication page on their bank’s website, and they enter a password associated with the card or a code sent to their phone.
The Strong Customer Authentication regulation in Europe requires the use of 3D Secure for card payments. 3D Secure is optional in other regions but can still be used as a tool to reduce fraud and chargebacks.
Using the Request Payment Feature for Stripe
The Request Payment feature is needed on credit cards with 3D Secure; however, it can also be used by any operator with Stripe as a way for you to securely get your customer’s credit card information if needed.
The Request Payment feature for Stripe allows you to send out an email request to your customer for your customer to input and authorize their credit card payment information.
Sending a Payment Request
In any Payment Terminal (Reservation, Invoice, or Account), in the “Pay with” drop down select “Request a Payment”.
On the Request Payment form, enter the following:
- Name of the recipient
- Their email address
- Type of transaction (Authorize & Capture or Authorize)
- Amount for transaction
When you are finished, click Send Payment Request.
A Payment Request email will be sent out the recipient. This will include a link for them to click and enter in their Credit Card information on ORES.
If you have any questions, please contact us at 888-888-0302 x2 or email firstname.lastname@example.org.