Starting from 2030, Mastercard will eliminate the requirement to enter a card number for online purchases and will use randomly generated tokens instead.
Mastercard for online shopping Credit Card Number It plans to completely eliminate the obligation to enter. With the regulation that will come into force in Europe as of 2030, the 16-digit card number will not be entered. According to the statement, this regulation will be used regardless of devices and platforms.
After 2030, the card number will be replaced by token system will take. This token will be generated randomly. The company has already started to take steps to prevent problems in the use of this application. For this, banks, fintech companies, e-commerce companies and other partners of the sector were contacted.
One click payment
With the new application, online shopping can be completed with a single click. Mastercard states that fraud can be prevented thanks to the token system. In addition, in the new system, passwords will be replaced by biometric data. Even when the tokens that identify you change will be updated automatically. However, this may also make the effects of cyber attacks greater. Because we can cancel our cards when credit card information is stolen, but when it comes to data such as fingerprints, it does not seem easy to change it.
According to a study conducted by a research firm in 2028 He stated that fraud cases in the field of internet payments would cause a total of $98 billion in damage. The total damage that will occur in the next five years will be 360 billion dollars. With the token system, this amount will decrease by half It is claimed.
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Source :
https://www.patronlardunyasi.com/mastercard-internet-alisverislerde-kart-numarasini-kaldiracak