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Mastercard will be issuing chip-based debit and credit cards for safety

Published On 11 Oct 2021 09:32 AM


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Highlights

  • By 2033 Mastercard is planning to remove magnetic stripes from all cards
  • Chip cards have microprocessors in them 

 Mastercard is preparing to phase out the magnetic strip from all its debit and credit cards. They are planning on dumping the payment method of swiping, as it gets outdated because of the new chip-based cards. 


The new devel....


Tags : Mastercard, Chip Cards, Magnetic, Stripe, Payment, ,
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