EMV® Secure Remote Commerce (SRC) is a set of specifications developed by EMVCo that enable the creation of a ‘virtual payment terminal’. It provides a foundation that will enable industry solutions for the processing of e-commerce transactions in a consistent, streamlined fashion across a variety of remote-checkout environments and consumer devices, including smartphones, tablets, PCs and other connected devices.
EMV® Chip Specifications describe the requirements for global interoperability between chip-based payment applications and acceptance terminals to enable secure contact, contactless and mobile transactions and other emerging payment technologies (such as QR Code-based payments).
EMV® 3-D Secure (3DS) is a messaging protocol that promotes frictionless consumer authentication and enables consumers to authenticate themselves with their card issuers when making card-not-present (CNP) e-commerce purchases. The additional security layer helps prevent unauthorised CNP transactions and helps protect the merchant from exposure to CNP fraud.
EMVCo has published the EMV® Payment Tokenisation Technical Framework v2.o, which addresses the adoption of payment token use cases in e-commerce beyond existing card-on-file, and offers enhancements to how payment tokens can be controlled within a single payments channel.
