In accordance with the law, all stakeholders in the online payment process must ensure safe and transparent payment to the user. For this purpose, this strong authentication is used, which includes two-factor authentication of online payments via mDenarnic@ or Bank@Net. The legislation also allows exceptions to strong authentication for transactions that the card issuer or merchant recognizes as less risky based on prescribed special rules and procedures that the bank must ensure during online payment (e.g. lower transaction values, etc.).
Therefore, it is not necessary that the user will always be asked to confirm his identity in mDenarnic@ or Bank@Net for every online payment.
An exception is also all online traders outside the EEA, who do not fall under this legislation. However, they can also use this security mechanism.