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Percentage of Mastercard e-commerce transactions tokenized by 2024?
5
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Mastercard annual report and industry analysis
Story
Mastercard to Phase Out Manual Card Entry in Europe by 2030, Achieve 100% E-Commerce Tokenization
Jun 11, 2024, 11:32 AM
Mastercard Inc. has announced plans to phase out manual card entry for online payments in Europe by 2030. The company aims to achieve 100% e-commerce tokenization, replacing traditional credit card numbers with randomly-generated tokens. This initiative will cover all cards on its network and is designed to enhance security and streamline the online checkout process, ultimately allowing for one-click payments.
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