When launching subscriptions in the EU, which set of regulatory obligations must be considered for compliance?

When launching subscriptions in the EU, it is crucial to consider a comprehensive set of regulatory obligations to ensure compliance with local laws. The correct answer includes KYC (Know Your Customer), PCI (Payment Card Industry Data Security Standard), SCA (Strong Customer Authentication), and GDPR (General Data Protection Regulation).

KYC is essential in verifying the identities of customers to prevent fraud and comply with anti-money laundering regulations. PCI compliance is necessary to protect cardholder data during transactions, thereby reducing the risk of data breaches and ensuring secure processing of payments.

SCA is a requirement under the EU's Revised Payment Services Directive (PSD2) that mandates strong authentication methods for online payments, significantly impacting how subscriptions are processed in terms of security and user verification.

GDPR is a critical regulation that governs how personal data is collected, processed, and stored, ensuring that customers' privacy rights are protected. This is especially vital for subscription services since they often involve handling personal data.

By incorporating all four components—KYC, PCI, SCA, and GDPR—businesses can operate subscription models in the EU while adhering to the necessary legal frameworks that protect both the company and its customers.