YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

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

Posted online

Mastercard is planning to phase out manual card entry for online payments in Europe.

Starting from 2030, customers will use a randomly generated "token," instead. It's expected to protect against fraud.

Losses from online payment fraud are expected to exceed $91 billion by 2028, according to Juniper Research.

Read more from CNBC.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
US workplace drug test cheating on the rise

National study shows signs of tampering up sixfold year over year.

Most Read
SBJ.net Poll
How concerned are you about "forever chemicals" in the city water supply?

*

View results

Update cookies preferences