2026年全球支付报告：监管、身份验证、安全 REGULATION AUTHENTICATION SECURITY

GLOBALPAYMENTSREPORT2026

REGULATION,AUTHENTICATION,SECURITY

BUYNOW

RAVELIN

CONTENTS

|GLOBALPAYMENTSREPORT2026

INTRODUCTION2

3INTRODUCTION

5SECTIONA:AUTHENTICATIONREPORT

3DSecuresuccessratesglobally,per-cardscheme,andper-country,aswellasfrictionlessrates,allfromRavelin’sinternaldata.

AUSTRALIA

DENMARK

ITALY

SLOVAKIA

AUSTRIA

ESTONIA

LATVIA

SLOVENIA

BELGIUM

FINLAND

LITHUANIA

SOUTHAFRICA

BRAZIL

FRANCE

LUXEMBOURG

SPAIN

BULGARIA

GERMANY

MALTA

SWEDEN

CANADA

GREECE

NETHERLANDS

UNITEDKINGDOM

CHINA

HUNGARY

NORWAY

UNITEDSTATES

CROATIA

ICELAND

POLAND

CYPRUS

INDIA

PORTUGAL

CZECHREPUBLIC

IRELAND

ROMANIA

28SECTIONB:GLOBALLANDSCAPEANALYSIS

Thestateofpaymentsaroundtheworld,includingauthenticationandSCA,paymenttrends,andregulation–aswellasourglobalSCAmandatesmap.

36SECTIONC:PAYMENTS&AUTHENTICATIONTRENDS

Whatdomerchantsreallythinkaboutpaymentsandauthentication?Findings,comparisonsandtakeawaysfromourannual,globalsurveyof1466merchants.

45METHODOLOGY

3

RAVELIN

INTRODUCTION

INTRODUCTION

Onlinepaymentsunderpintheglobaleconomy,extendingthereachofcountlessmerchantsandgivingconsumersaccesstomoregoodsandservicesthanever.

Authentication,regulationandonlinepaymentfraudcompriseanever-shiftinglandscape–onethatanyonewhoacceptscardpaymentsonlineisadvisedtobeawareof.

Inthisyear’seditionofRavelin’sGlobalPaymentsReport,wehavegonefurther,tracingtheupwardsanddownwardstrendsof3DSecureratesovertime–comparedtolastyear(aswellasmerchantattitudestopayments).

Ravelin’sGlobalPaymentsReport2026featuresthreesections,namely:

SECTIONA

Authenticationreport:

Ravelin’s3DSecuredatafrom37countriesaroundtheworld–withcomparisonto

lastyear.

SECTIONB

Analysis,paymenttrends,andadvicetomerchants:

Getdetailedinformationandsolid

recommendationstointerpretour

findings,understandthelatesttrendsinCNPpayments,andnavigatepaymentfraudchallenges.

SECTIONC

Attitudestoregulation,paymentsandpaymentfraud:

Merchantattitudesaround3DS,PSD2,paymentmethodsandchannels,andsellingonline.

Byaddingthedimensionoftimetoourmetrics,welooktoprovideevenmorevaluableinsightsintotheshoppingexperiencesofmillionsofpeoplefromaroundtheworld.

Ouraimisforourreaderstogainabetterunderstandingofwhatworksandwhatdoesn’twhenitcomestoonlinepayments,includingpotentialnewrisksandopportunities.

Enjoyreading,andpleasereachouttouswithanyquestionsorcomments.

|GLOBALPAYMENTSREPORT2026

RAVELININTRODUCTION4

KEYTAKEAWAYS

1

2

3

4

5

Frictionlessrateshavedroppedglobally–

in76%ofcountries.

Issuers,schemesand

legislatorsaretighteningtheirassessmentsand

puttingmorepressureonmerchants.

3DSsuccessrates

arenotoptimal–withmodestimprovementsintheUSAdrivingup

theglobalaverage.Aremerchantssendingallrelevantdataalongwiththeirrequest?

TheUKtopsthe

authenticationratings

foronemoreyear.Itwillbeinterestingtoseetheimpactofannounced

changestoUKSCA

mandates–which51%wanttoseeremoved.

Account-to-account

(A2A)real-time

paymentsarepicking

up,asaredigitalwallets,withauthentication

becomingmoredynamic–bute-walletandBNPLfraudisup.

AgenticAI,VAMP,

theEUDIwalletand

stablecoinsareall

expectedtoreshape

thelandscape–but

fraudsterswilladapttochangesandadoptnewtechtosupportand

scaletheirschemes.

>The3DSdatainSectionAisinternalandcomesfromRavelin’spaymentfraudandoptimizationrecommendations,aswellasfrommanaging

authenticationitself.

>SectionBisbasedontheauthors’expertiseintheonlinepayment

landscape,includingcardschemebulletins,legislators’announcements,keyindustryreports,andthemedia.

>SectionCsharespreviously-unreleaseddatafromRavelin’sannual

Survey,thelatestversionofwhichhad1466participants–allenterprisemerchantswhosellproductsorservicesonline.

Fordetailedmethodologyandbreakdown,

pleasevisitpage45

.

|GLOBALPAYMENTSREPORT2026

5

RAVELIN

SECTIONA|AUTHENTICATIONREPORT

SECTIONA:AUTHENTICATIONREPORT

RAVELIN’SGLOBAL3DSECUREAUTHENTICATIONREPORT

FINDINGSWORTHYOFYOURATTENTION

>Acrosstheboard,3DSsuccessratesarelowerthanideal–withmodestimprovementsintheUSAdrivinguptheglobalaverage.Aremerchantssendingallrelevantdataalongwiththeirrequest?

>Foronemoreyear,theUKtopsthecomparisoncharts.Inadditiontoveryhighauthenticationandchallengesuccess

rates,thefrictionlessrateshavealsoimprovedby7%.ItwillbeinterestingtoseehowtheannouncedchangestoUKSCAwillaffectthesemetrics.

>Weobserveda+47%increaseintheUnitedStates’3DSsuccessrate.Itseemsthatthepressureisbuildingup

foracquirersandmerchantstomorecloselyfollowcardschemerecommendationsandauthenticatesecurely.

>Account-to-account(A2A)paymentshaveenteredthetop

3intwooftheEUcountrieswe’reexamining–isthisasignofthingstocome?

Inthissection,you’llfindauthenticationdatafor37keycountries,aswellasglobalaveragespercardschemeandregion.

Foreach,we’lllookat:

3DSSUCCESSRATE:

Therateofsuccessof3DSecureauthenticationasaproportionofallpaymentssenttoauthentication.Inthissense,the3DSsuccessratecanalsobecalledthe3DSauthenticationsuccessrate.

3DSCHALLENGESUCCESSRATE:

Wheretherehasbeena3DSecurechallenge,whatpercentageofcardholderssuccessfullyauthenticatedthemselves?Inotherwords,thisistherateofsuccessful3DSecurechallengesasaproportionofall3DSecurechallenges.

FRICTIONLESSRATE:

Howmanyofallauthenticationattemptswereauthenticated

withoutachallenge?

TOPCARDPAYMENTMETHODS:

Whatarethiscountry’spreferenceswhenpayingbycard?

P

Bankaccount

(A2A)

CardDigitalwalletPayPal

|GLOBALPAYMENTSREPORT2026

RAVELIN

GLOBALSTATISTICS

AVERAGE3DSECURESUCCESS

RATESGLOBALLY

|GLOBALPAYMENTSREPORT2026

AVERAGES

SECTIONA|AUTHENTICATIONREPORT

3DSsuccess

rate

3DSchallengesuccessrate

Frictionless

rate

JAN-JUL

2024

JAN-JUL

2025

JAN-JUL

2024

JAN-JUL

2025

JAN-JUL

2024

JAN-JUL

2025

North

America

61%

85%

84%

85%

60%

54%

Europe

82%

83%

73%

75%

66%

62%

Global

79%

82%

74%

76%

64%

58%

6

RAVELIN

GLOBALSTATISTICS

AVERAGE3DSECURESUCCESS

RATESPERCARDSCHEME

|GLOBALPAYMENTSREPORT2026

SECTIONA|AUTHENTICATIONREPORT

AVERAGES

3DSsuccess

rate

3DSchallengesuccessrate

Frictionless

rate

JAN-JUL

2024

JAN-JUL

2025

JAN-JUL

2024

JAN-JUL

2025

JAN-JUL

2024

JAN-JUL

2025

Mastercard

mastercard

91%

93%

86%

86%

70%

69%

VISAVisa

91%

90%

88%

84%

60%

62%

AMERICAN

EXPRESS

AmericanExpress

89%

92%

94%

93%

47%

53%

DinersclubINTERNATIONAL

Diners&Discover

50%

87%

90%

57%

99%

80%

Privatelabelcards

40%

58%

61%

55%

50%

32%

CartesBancaires

87%

97%

96%

94%

85%

65%

UnionPay

99%

41%

99%

92%

70%

73%

7

|GLOBALPAYMENTSREPORT2026

8

RAVELIN

SECTIONA|AUTHENTICATIONREPORT

COUNTRYRANKINGS

UnitedKingdom

Italy

Netherlands

France

Brazil

SouthAfrica

Finland

India

3DSsuccessrateTop4

95%

93%

92%

91%

020406080100

Bottom4

36%

67%

72%

72%

020406080100

3DSchallengesuccessrate

Top4

UnitedKingdom

India

Poland

China

91%

91%

90%

89%

020406080100

Bottom4

Brazil

Greece

Denmark

Finland

27%

55%

55%

57%

020406080100

FrictionlessrateTop4

83%

Netherlands

75%

74%

74%

Cyprus

Lithuania

UnitedStates

020406080100

Bottom4

26%

Brazil

30%

SouthAfrica

35%

Canada

39%

India

020406080100

●Asia●Africa.oceania

●Europe●NorthAmerica.southAmerica

|GLOBALPAYMENTSREPORT2026

RAVELIN

P

AUSTRALIA

NationalCompetentAuthority

ReserveBankofAustraliaandtheAustralianPaymentsNetwork(AusPayNet)

SCAstatus

Since2019,theCNPFraudMitigationFrameworkrequiresSCAwhena

merchant’sfraudrateisabovetherecommendedratefortwoconsecutivequarters.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

60%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

83%

78%

87%

82%

57%

2025

2025

2024

2024

2024

SECTIONA|AUTHENTICATIONREPORT9

P

AUSTRIA

NationalCompetentAuthority

FinancialMarketAuthority

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

82%88%

20242025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

50%

65%

76%

74%

2025

2025

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

P

BELGIUM

NationalCompetentAuthority

NationalBankofBelgium

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

71%80%

20242025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

49%

68%

58%

77%

2025

2025

2024

2024

SECTIONA|AUTHENTICATIONREPORT10

BRAZIL

NationalCompetentAuthority

BancoCentraldoBrasil

SCAstatus

Two-factorauthenticationisrequiredontransactionsmadeusingdomestic-issueddebitcardswithinBrazil.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

26%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

Frictionless

69%

68%

36%

87%

27%

2025

2025

2024

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

P

BULGARIA

NationalCompetentAuthority

BulgarianNationalBank

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

80%67%

20242025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

84%

84%

87%

71%

2025

2025

2024

2024

SECTIONA|AUTHENTICATIONREPORT11

I*lCANADA

NationalCompetentAuthority

DepartmentofFinance

SCAstatus

Noregulationasofyet.Cardschemeshavediscontinueduseof3DSv2.1.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

35%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

Frictionless

43%

83%

85%

82%

81%

2025

2025

2024

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

CHINA

NationalCompetentAuthority

China’sCentralBank

SCAstatus

Since2017,QRcodetransactionsabove500yuanaresubjecttoadditionalsecuritychecks.UnionPayistheonlycardschemeinChina.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

55%

2024

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

Frictionless

*:

89%

83%

56%

73%

52%

2025

2025

2025

2024

2024

SECTIONA|AUTHENTICATIONREPORT12

NationalCompetentAuthority

DepartmentofFinance

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSsuccess3DSchallenge

ratesuccessrate

73%

64%

2025

2024

Toponlinepaymentmethods

2

CROATIA

1

P

3

Frictionless

80%

56%

58%

72%

2025

2025

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

CYPRUS

NationalCompetentAuthority

BankofCyprus

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

90%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

Frictionless

54%

82%

75%

81%

71%

2025

2025

2024

2024

2024

SECTIONA|AUTHENTICATIONREPORT13

CZECHREPUBLIC

NationalCompetentAuthority

CzechNationalBank

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

69%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

Frictionless

50%

83%

76%

67%

91%

2025

2025

2024

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

DENMARK

NationalCompetentAuthority

DanishFinancialSupervisoryAuthority(Finanstilsynet)

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

51%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

63%55%

74%75%

Frictionless

20242025

20242025

40%

2024

SECTIONA|AUTHENTICATIONREPORT14

P

ESTONIA

NationalCompetentAuthority

FinancialSupervisionAuthority(Finantsinspektsioon)

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSsuccess3DSchallenge

ratesuccessrate

83%

73%

2025

2024

Toponlinepaymentmethods

2

1

C

3

Frictionless

84%

68%

70%

74%

2025

2025

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

P

FINLAND

NationalCompetentAuthority

Finanssivalvonta(Fin-FSA)

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

82%72%

20242025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

74%62%

Frictionless

20242025

66%

57%

2025

2024

SECTIONA|AUTHENTICATIONREPORT15

P

FRANCE

NationalCompetentAuthority

FrenchPrudentialSupervisionandResolutionAuthority(AutoritédecontrôleprudentieletdeRésolution)

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

86%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

88%

85%

56%

42%

91%

2025

2025

2024

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

mmGERMANY

NationalCompetentAuthority

FederalFinancialSupervisoryAuthority(BaFin)andBundesbank

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

63%

2025

Toponlinepaymentmethods

2

3

1

3DSsuccess

rate

Frictionless

P

87%

87%

82%

82%

61%

2025

2025

2024

2024

2024

SECTIONA|AUTHENTICATIONREPORT16

P

GREECE

NationalCompetentAuthority

BankofGreece

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

76%72%

20242025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

86%

55%

75%

74%

2025

2025

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

HUNGARY

NationalCompetentAuthority

CentralBankofHungary

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

60%63%

20242025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

Frictionless

66%

82%

82%

71%

2025

2025

2024

2024

SECTIONA|AUTHENTICATIONREPORT17

+—ICELAND

NationalCompetentAuthority

FinancialSupervisoryAuthority

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

80%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

Frictionless

70%

55%

79%

87%

73%

2025

2025

2024

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

二INDIA

NationalCompetentAuthority

ReserveBankofIndia

SCAstatus

Two-factorauthenticationisrequiredforalldomesticdebitandcreditcardtransactionsoverRs2000.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

39%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

Frictionless

43%

88%

65%

72%

91%

2025

2025

2024

2024

2024

SECTIONA|AUTHENTICATIONREPORT18

P

IRELAND

NationalCompetentAuthority

CentralBankofIreland

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

66%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

89%

88%

70%

82%

91%

2025

2025

2024

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

P

ITALY

NationalCompetentAuthority

BankofItaly(Bancad’Italia)

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

74%72%

20242025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

86%

89%

89%

93%

2025

2025

2024

2024

SECTIONA|AUTHENTICATIONREPORT19

P

LATVIA

NationalCompetentAuthority

FinancialandCapitalMarketCommission(FKTK)

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

80%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

80%

66%

85%

58%

73%

2025

2025

2024

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

P

LITHUANIA

NationalCompetentAuthority

BankofLithuania

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

84%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

69%

89%

83%

87%

74%

2025

2025

2024

2024

2024

SECTIONA|AUTHENTICATIONREPORT20

LUXEMBOURG

NationalCompetentAuthority

CommissiondeSurveillanceduSecteurFinancier

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

69%60%

20242025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

Frictionless

86%

78%

87%

82%

2025

2025

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

P

MALTA

NationalCompetentAuthority

CentralBankofMaltaandMaltaFinancialServicesAuthority

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

46%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

84%

79%

78%

62%

71%

2025

2025

2024

2024

2024

SECTIONA|AUTHENTICATIONREPORT21

—NETHERLANDS

NationalCompetentAuthority

DeNederlandscheBank

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

66%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

Frictionless

88%

83%

92%

82%

77%

2025

2025

2024

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

P

NORWAY

NationalCompetentAuthority

FinancialSupervisoryAuthorityofNorway(Finanstilsynet)

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

48%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

64%

66%

66%

78%

72%

2025

2025

2024

2024

2024

SECTIONA|AUTHENTICATIONREPORT22

POLAND

NationalCompetentAuthority

PolishFinancialSupervisionAuthority

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

83%

2024

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

Frictionless

90%

87%

82%

57%

51%

2025

2025

2025

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

PORTUGAL

NationalCompetentAuthority

BancodePortugal

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

76%

2025

Toponlinepaymentmethods

2

3

1

3DSsuccess

rate

Frictionless

79%

78%

57%

77%

77%

2025

2025

2024

2024

2024

SECTIONA|AUTHENTICATIONREPORT23

ROMANIA

NationalCompetentAuthority

NationalBankofRomania

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

60%

2025

Toponlinepaymentmethods

1

2

3

3DSsuccess

rate

Frictionless

80%

69%

83%

42%

78%

2025

2025

2024

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

SLOVAKIA

NationalCompetentAuthority

NationalBankofSlovakia

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

61%61%

20242025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

Frictionless

74%

81%

81%

81%

2025

2025

2024

2024

SECTIONA|AUTHENTICATIONREPORT24

P

SLOVENIA

NationalCompetentAuthority

NationalBankofSlovenia

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

60%

2025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

67%

87%

73%

82%

81%

2025

2025

2024

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

SOUTHAFRICA

NationalCompetentAuthority

PaymentAssociationofSouthAfrica

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

47%30%

20242025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

Frictionless

80%

76%

67%

73%

2025

2025

2024

2024

SECTIONA|AUTHENTICATIONREPORT25

P

SPAIN

NationalCompetentAuthority

BancodeEspaña

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

60%

2024

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

44%

80%

86%

79%

81%

2025

2025

2025

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELIN

SWEDEN

NationalCompetentAuthority

FinancialSupervisoryAuthority(Finansinspektionen)

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

81%59%

20242025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

P

3

64%59%

Frictionless

20242025

85%

76%

2025

2024

SECTIONA|AUTHENTICATIONREPORT26

P

UNITEDKINGDOM

NationalCompetentAuthority

FinancialConductAuthority

SCAstatus

PSD2SCAisenforcedforallin-scopetransactions,as,regardlessofthe

UK’sexitfromtheEU,PSD2isfullywrittenintoUKlaw.However,theUK

governmentsignaleditsinterestinrevisitingthislegislationinNovember2024intheNationalPaymentsVision–

readmoreinformationhere

.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

61%68%

20242025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

94%

93%

95%

91%

2025

2025

2024

2024

|GLOBALPAYMENTSREPORT2026

RAVELINSECTIONA|AUTHENTICATIONREPORT27

P

UNITEDSTATES

NationalCompetentAuthority

FederalReserveBoard

SCAstatus

Noregulationasofyet.Cardschemeshavediscontinueduseof3DSv2.1.

3DSECUREPAYMENTDATA

3DSchallengesuccessrate

84%84%

20242025

Toponlinepaymentmethods

2

1

3DSsuccess

rate

C

3

Frictionless

88%

78%

74%

41%

2025

2025

2024

2024

4+billion

transactionsperyear

$62billion

intransactionsprocessed

340+

Ravelin

merchantsprotected

RAVELINSECTIONB|GLOBALLANDSCAPEANALYSIS28

SECTION

B:GLOBALLANDSCAPEANALYSIS

DELVINGINTO3DSSUCCESSRESULTS,GLOBALPAYMENTSTRENDS,REGULATIONUPDATES&ADVICETOMERCHANTS

InthissectionoftheGlobalPaymentsReport2026,weturnto

Ravelin’ssubjectmatterexpertstocompare,evaluateandinterpretthisyear’sauthenticationsuccessmetrics,identifypatterns,and

considerthebestwayforward.

Howisthepaymentslandscapeevolving?

Whatarethekeytrendsinfluencingpaymentstrategiesintheshortandmediumterm?

You’llalsogetanalysisandadvicefromRavelin’sseniorleadership–andourannualSCAlegislationmap.

|GLOBALPAYMENTSREPORT2026

KEYPOINTSWORTHYOFYOURATTENTION

>Issuers,cardschemesandlegislatorsaretighteningtheirassessmentsandputtingmorepressureonmerchants.

Globalfrictionlessrateshavedropped.

>Authenticationisbecomingmoredynamic,withnetworktokens.

>A2A,real-timepaymentsanddigitalwalletadoption

increases–whileagenticAIandstablecoinsaretoutedasthewayforward.Butfraudstersaretakingnotice.

|GLOBALPAYMENTSREPORT2026

29

RAVELIN

SECTIONB|GLOBALLANDSCAPEANALYSIS

ANALYSIS:WHATTHELATEST3DSMETRICSMEAN

TheGlobalPaymentsReport2026goesbeyond

simplyreportingauthenticationrates;thisyear,wearebenchmarkingperformanceagainstthepreviousyeartomeasurethereal-worldimpactofrecent

3DS

technologicalandregulatorydevelopments.

THEGLOBALPERSPECTIVE&

THEFRICTIONLESSCHALLENGE

Ravelin’slatestdatarevealsamixedglobalperformanceintransactionauthentication.

3DSsuccessrateshaveslightlyincreasedacrosstheboard,withthistrendprimarilydrivenbyasignificantriseintheUSA,whichwe’llexamineinmoredetail

below.3DSchallengesuccessratesareataboutthesamelevelsaslastyear.

JamesHogan

SeniorProductManageratRavelin

Forthepast12years,Jameshasledproduct

teamsaticoniccompaniessuchasEbay,

Mastercard,WorldpayandOcado,specializinginpaymentsoptimization,riskpolicy

management,fraudoperations,andplatformscalingandadoption.

AtRavelin,hecurrentlyleadsthedevelopmentofour3DSecure,3DSSDKsandTransactionOptimizationproducts.

Metric

Globaltrend

Implication

3DSsuccessrate

Slightlyincreased

Overalleffectivenessisup,driven

primarilybysignificantgainsintheUSA.

3DSchallengesuccessrate

Remainedstable

Whencustomersarechallengedforauthentication,theyaresucceedingatsimilarratesaslastyear.

Frictionlessauthentication

Declinedacrosstheboard

(globally,US,andEurope)

Fewercustomersareenjoyingseamlesscheckouts,whichincreasestheriskofcartabandonment.

Merchantsaretryingtoreduce

frictionbyrequestingexemptions,issuersaretighteningtheirfraud

assessmentsanddenyingthoserequestsmorefrequently

Frictionlessauthentication,however,hasdeclinedinallthreeaggregateregionswearetracking:globally,intheUSandinEurope.Fewerconsumersareenjoyingsmoothshoppingexperiences–whichcanresult

incartabandonmentandincreasethecustomerinsultrate.

Thedeclineinfrictionlessauthenticationis

concerning,particularlygiventhestrongmerchant

demandforit:78%ofmerchantsnowreportusing

exemptions,anincreasefromlastyear.Thissuggests

thatwhilemerchantsaretryingtoreducefriction

byrequestingexemptions,issuersaretightening

theirfraudassessmentsanddenyingthoserequestsmorefrequently.

TURNINGTHEVICIOUSCIRCLEINTOAVIRTUOUSCIRCLE

Thisobserveddeclineinfrictionlessrates

createsaviciouscircle,butmerchantscanreversethistrend.Thekeytoimprovingperformanceis

two-fold:

1.Moredata:Merchantsmustprovidericher

datatotheissuertosupportthelegitimacyof