Additional Factor of Authentication (AFA) for cross-border Card Not Present (CNP) transactions – Draft Directions

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....dditional Factor of Authentication (AFA) for cross-border Card Not Present (CNP) transactions – Draft Directions<BR>News and Press Release<BR>Dated:- 8-2-2025<BR><BR>As announced in Statement on Dev....

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....elopmental and Regulatory Policies dated February 07, 2025, Reserve Bank of India today placed on its website draft directions on Additional Factor of Authentication (AFA) for cross-border Card Not Pr....

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....esent (CNP) transactions for public comments. The draft directions require a card issuer to validate AFA for non-recurring cross-border CNP transaction, whenever a request for AFA is raised by the ov....

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....erseas merchant or the overseas acquirer. Comments / feedback on the draft directions may be sent by email or by post to the Chief General Manager-in-Charge, Department of Payment and Settlement Syst....

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....ems, Reserve Bank of India, Central Office, 14th Floor, Shahid Bhagat Singh Marg, Mumbai-400001, on or before March 10, 2025. (Puneet Pancholy) Chief General Manager<BR> News - Press release - PIB....

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