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The magnetic stripe will start to disappear in 2024 from Mastercard payment cards in regions, such as Europe, where chip cards are already widely used. Banks in the U.S. will no longer be required to issue chip cards with a magnetic stripe, starting in 2027.

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The magnetic stripe will start to disappear in 2024 from Mastercard payment cards in regions, such as Europe, where chip cards are already widely used. Banks in the U.S. will no longer be required to issue chip cards with a magnetic stripe, starting in 2027.
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Velocipede Rider (ruari@velocipederider.com)'s status on Saturday, 14-Sep-2024 08:06:01 JST Velocipede Rider
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Many banks in Europe will have stopped issuing Mastercards with mag stripes before the year is out and I suspect the only reason they have lasted this long is that some of us still travel to the US, where we might have need them.
https://www.mastercard.com/news/perspectives/2021/magnetic-stripe/

In conversation about 2 months ago from velocipederider.com permalink