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>FEMA & RBI<br>Dated:- 8-2-2025<br><BR>As announced in&nbsp;Statement on Developme....

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

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....sent (CNP) transactions&nbsp;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 th....

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....e overseas merchant or the overseas acquirer. Comments / feedback on the draft directions may be sent by&nbsp;email&nbsp;or by post to the Chief General Manager-in-Charge, Department of Payment and S....

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....ettlement Systems, Reserve Bank of India, Central Office, 14th Floor, Shahid Bhagat Singh Marg, Mumbai-400001, on or before March 10, 2025. (Puneet Pancholy)&nbsp;&nbsp; Chief General Manager<BR> Ne....

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....ws - Press release - PIB....