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Mastercard to phase out manual card entry for online payments in Europe by 2030

Starting from 2030, Mastercard will no longer require Europeans to enter their card numbers manually when checking out online — no matter what platform or device they’re using. Mastercard will announce Tuesday in a fireside chat with CNBC that, by 2030, all cards it issues on its network in Europe will be tokenized.

“In Europe we have seen tokenization gaining momentum across the ecosystem, the convenience and reduced rates of fraud sell themselves,”

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payments, tokenization, europe