3D Secure with Cardinal to comply with European PSD2 regulations. Europe

[digicom]

Good day

We have some questions regarding the below warning message we are getting in our Shopify account (Home).

"You must enable 3D Secure with Cardinal to comply with European PSD2 regulations. Enable 3D Secure in your payment provider settings."

We are a small company in a small market with only around €215 of sales during year 2022 through our shopify eshop.

Is this 3D Secure Cardinal upgrade necessary or not for us. Is this necessary for shopify to continue working? If yes then we may be forced to discontinue our shopify subscription. Please advise.

Thank you.

Irene