Case Study: Eurocard reduces online card transaction abandonment with Broadcom CA Transaction Manager

Eurocard Simplifies Online Shopping with Layer7® Payment Security Suite

Eurocard, a Nordic financial services company, needed to simplify its online payment process to reduce the high card transaction abandonment rate caused by complex authentication, all while protecting customers from fraud. To address this challenge, they worked with Broadcom (CA Technologies) to implement CA Transaction Manager.

The solution from Broadcom provided an additional authentication layer, managing the entire 3-D Secure process. By switching to a SaaS version and using one-time passwords via SMS, Eurocard reduced its attempted transaction fail rate by 50% within a year. This made online shopping easier and quicker for customers, enhanced security, and increased revenue generation for both Eurocard and its merchants.

Eurocard

Mathias Wendt

Business Developer