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2 Dec 2020

The recent ACT restructure means that cycle businesses can benefit from extended business support and new services as well as full annual ACT membership from just £60 per year!

2 Dec 2020

A refreshed suite of posters developed to support retailers in encouraging shoppers to wear face coverings using behavioural science techniques. The posters are available free of charge for...

2 Dec 2020

Independent bicycle retailers in Bradford, Ipswitch and York have all been commended in this year's search for the Best Small Shop of 2020!

27 Nov 2020

Recent events have once again highlighted the growing concerns centred on the UK's growing use of Buy Now Pay Later (BNPL) services.

26 Nov 2020

A family run, independent, home and gift shop in Worcester has been named as Britain's Best Small Shop of 2020.

25 Nov 2020

The Chancellor presented his Spending Review to Parliament today settingout the Government's departmental spending plans for the year ahead andresponse to Coronavirus (Covid-19).

24 Nov 2020

On Monday ACT members were invited to join Maybe* for a free webinar to learn how to optimise social media use.

19 Nov 2020

IRC member enters debate to seek an extension to the moratorium onevictions within the Coronavirus Act 2020. Can you help us...

19 Nov 2020

Indie Retail are delighted to announce a partnership between themselves and the app-controlled window display sign TraffikFlo, enabling more shops to simply and effectively manage social...

18 Nov 2020

ACT members are invited to join Maybe* on Monday 23rd November at 8pm for a webinar to learn how you can optimise your social media use.

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Are you prepared for changes to SCA legislation? Take the survey now

Posted on in Business News , Cycles News

We previously reported that SCA (Strong Customer Authentication) was to be introduced on ecommerce transactions, but the legislation was postponed from its originally planned launch in 2019.

Bira, member of the IRC alongside ActSmart and the ACT, is on the UK Task Force, representing SME businesses in the group set up by UK Finance.

Payment processing providers should be informing their customers of the coming changes, and whilst Global Payments, Bira's official partner are in the process of producing guidance for Bira members, Bira, in conjunction with UK Finance wish to understand SCA readiness amongst UK SMEs.

Within the UK, SCA will be introduced gradually from February 2021 leading up to the FCA enforcement date of 14th September 2021. For further information on the SCA implementation and ramp up plan, please refer to the UK Finance SCA webpage here. For the rest of Europe, the enforcement date for SCA is from 31st December 2020.

It is important that your business will be ready to comply with the regulations as soon as possible and by 31st May 2021 at the latest. Otherwise, your customers may find their UK payments declined from as early as 1st June 2021 if you/your payment processing providers are not ready.

Please help us understand your knowledge and preparedness for SCA by completing the following anonymous survey before 27th October.

www.surveymonkey.co.uk/r/Bira-SCA-3 

 


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