MASTERCARD INC - MASTERCARD REIMAGINES ONLINE CHECKOUT; COMMITS TO REACHING 100% E-COMMERCE TOKENIZATION BY 2030 IN EUROPE
MASTERCARD TO PHASE OUT MANUAL CARD ENTRY FOR ONLINE PAYMENTS IN EUROPE 🇪🇺 BY 2030 Mastercard $MA will announce by 2030 all cards it issues on its network in Europe will be tokenized meaning your credit card number will be replaced with a randomly-generated “token.” - CNBC https://t.co/cdzvj7uHtI
Mastercard to phase out manual card entry for online payments in Europe by 2030 https://t.co/v6ZC1AWFxm
Visa and Mastercard are planning significant changes in the payment industry. Visa's global head of consumer payments envisions a future where plastic credit cards are obsolete, and the standard 16-digit account number becomes worthless. Meanwhile, Mastercard aims to phase out manual card entry for online payments in Europe by 2030, committing to 100% e-commerce tokenization.