CNBC
- 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.
- Instead of the 16-digit card number we’re all accustomed to using for transactions, this will be replaced with a randomly generated “token.”
- Consumers will be able to make one-click payments at the checkout page using biometric authentication with a thumbprint.
The experience of paying for products and services online could feel a lot different in the coming years.
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 other words, instead of the 16-digit card number we’re all accustomed to using for transactions, this will be replaced with a randomly generated “token.”
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