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Being a material girl was much easier in 1985; the recent global pandemic has steered people away from brick-and-mortar shops and into the socially distanced eCommerce arms, and the Revised Payment Service Directive (PSD2) has challenged online payments, adding friction, decreasing conversion, and impacting revenue generation.
PSD2 officially went into effect on December 31st, 2020, and with it, the fears of many merchants have been realized.
More transactions than ever risk rejection....
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