Seonglae ChoMastercard is phasing out magnetic stripes on its cards starting in 2024
Mastercard is phasing out the use of magnetic stripes on its credit and debit cards over the next decade. They'll start to disappear in 2024 in regions where EMV chips are more common, and will be gone completely by 2033.
https://www.theverge.com/2021/8/17/22628455/mastercard-magnetic-stripe-phase-out-2024-2033
Mastercard will allow banks on its payments network to provide cryptocurrency services
Mastercard has signed a deal with cryptocurrency firm Bakkt to make crypto options available to merchants and banks across its payments network, the company announced Monday. The news was first reported by CNBC.
https://www.theverge.com/2021/10/25/22744786/mastercard-allow-banks-payments-network-provide-cryptocurrency-services
Mastercard launches tech that lets you pay with your face or hand in stores
Mastercard is piloting new technology that lets shoppers make payments with just their face or hand at the checkout point. The company on Tuesday launched a program for retailers to offer biometric payment methods, like facial recognition and fingerprint scanning.
https://www.cnbc.com/2022/05/17/mastercard-launches-tech-that-lets-you-pay-with-your-face-or-hand.html
