TechInnovation – Mastercard waves goodbye to the magnetic stripe on payment cards (ZDNet)

August 17, 2021

Mastercard has announced it will be phasing out the magnetic stripe on its payment cards in “most markets” from 2024 as reliance on chip-based and contactless payments continues to grow. The company said the magnetic stripe will start to disappear in newly-issued Mastercard credit and debit cards in Europe, while banks in the United States will no longer be required to issue chip cards with a magnetic stripe starting in 2027.

Mastercard waves goodbye to the magnetic stripe on payment cards | ZDNet

Marco Emanuele

Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

TechInnovation – Mastercard waves goodbye to the magnetic stripe on payment cards (ZDNet)

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