“It’s time to fully embrace these best-in-class capabilities, which ensure consumers can pay simply, swiftly and with peace of mind,” Mastercard Cyber and Intelligence business president Ajay Bhalla said. “What’s best for consumers is what’s best for everyone in the ecosystem.”

From 2029, no new Mastercard debit or credit cards will come with a magnetic stripe, except for prepaid cards in the US and Canada, and they’ll be gone completely by 2033. 

This episode is also available as a blog post: biovolttech.org