The 3D Secure Pay Authentication market will reach $1.539B in 2028, according to Fortune Business Insights.
This payment method was designed for extra fraud protection and requires customers to do an additional verification step when making a payment.
More:
- Fortune's forecast expects that the market for this payment authentication method will grow at a CAGR of 12.7% from 2021 through 2028.
- The growth will be fueled by the ongoing rise of payment scams in the e-commerce sector.
- The largest regional market for 3D Secure will be North America.
- However, Europe will have the highest market CAGR from 2021 through 2028.
