Passkey Definition.

A FIDO2/WebAuthn credential: a cryptographic key pair unique to each site, unlocked on the device by biometrics or a PIN, and phishing-resistant by design. It combines possession (the device) and inherence (biometrics), which makes it a strong candidate for banking SCA and wallet authentication. The card networks are rolling it out in Click to Pay, and issuers are starting to accept it for 3DS.

See also

→ SCA→ Digital wallet

Where this term appears

GuidePayments in IndiaGuidePayments in KenyaGuide3-D Secure 2 and SCA exemptionsCourseCollecting payments in Kenya and East AfricaCourse3DS2, SCA, and payment success rates

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