Payments News

Mastercard’s Jess Turner On SRC’s Global, Digital Milestone

Oct 23, 2019

Looking back, you might mark your calendar — today, Oct. 22 — as the dawn of digital commerce’s age of standardization.

More specifically, it might be known as the day when secure remote commerce (SRC) took root.

As reported Tuesday, a quartet of payment networks — American Express, Discover, Mastercard and Visa — said that the SRC industry standard, which simplifies card payments made online, has gone live at a  number of issuers and merchants.

It’s an important milestone, because for all of its technical wizardry, for its always on the go, omnichannel promise, eCommerce has yet to keep pace with one important part of the brick and mortar retail environment: A standardized, seamless checkout experience.

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