> Stripe conducted a pilot with an early implementation of SPC and, in March 2020 reported that, compared to one-time passcodes (OTP), SPC authentication led to an 8% increase in conversions at the same time checkout was 3 times faster.
They seem pretty excited about it.
Yep, Stripe partnered with W3C on this. Built into Stripe Checkout (and now Link).
Stripe is where the money goes to and handles getting it to your bank, this is better and faster authentication of purchase.
It should reduce fraud and apparently improve conversion rates, so that’s a big win for Stripe.