Secure Remote Commerce (SRC)

Secure Remote Commerce (SRC) is an initiative developed by EMVCo, an organization established by major payment card networks to create standards for the payments industry. SRC is designed to enhance the security and efficiency of online payments by allowing payment credentials to be securely stored and used across multiple merchants without the need to provide payment details directly to each individual merchant.

Key features and benefits of SRC include:

In summary, Secure Remote Commerce (SRC) is a significant advancement in online payment security and convenience. By allowing payment credentials to be securely stored by card networks and used across multiple merchants, SRC reduces the risk of data breaches, streamlines the checkout process, and enhances the overall user experience. This initiative, developed by EMVCo and supported by major payment card networks, provides a secure, efficient, and widely accepted solution for remote commerce transactions.