What about nfc contactless_老虎社区_美港股上老虎

Dittosg
2021-08-13

What about nfc contactless

A farewell to card swipes: Mastercard to start phasing out magnetic stripes in 2024

After gradual relaxation of issuing requirements, no Mastercard credit and debit cards will have mag

A farewell to card swipes: Mastercard to start phasing out magnetic stripes in 2024

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

推荐
最新

暂无评论

热议股票

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":894753705,"tweetId":"894753705","gmtCreate":1628859468507,"gmtModify":1631888002383,"author":{"id":3576934932610535,"idStr":"3576934932610535","authorId":3576934932610535,"authorIdStr":"3576934932610535","name":"Dittosg","avatar":"https://static.tigerbbs.com/1b2cff59f82218916755d7d3ff0253b2","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":18,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>What about nfc contactless&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>What about nfc contactless&nbsp;</p></body></html>","text":"What about nfc contactless","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/894753705","repostId":2159922112,"repostType":4,"repost":{"id":"2159922112","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1628857860,"share":"https://www.laohu8.com/m/news/2159922112?lang=&edition=full","pubTime":"2021-08-13 20:31","market":"us","language":"en","title":"A farewell to card swipes: Mastercard to start phasing out magnetic stripes in 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2159922112","media":"Dow Jones","summary":"After gradual relaxation of issuing requirements, no Mastercard credit and debit cards will have mag","content":"<p>After gradual relaxation of issuing requirements, no Mastercard credit and debit cards will have mag stripes by 2033</p>\n<p>The practice of swiping could soon be limited to thieves and online daters as Mastercard Inc. prepares a phaseout of the magnetic stripes that enable people to swipe their credit and debit cards.</p>\n<p>Though magnetic stripes have been a fixture of payment cards for decades, the industry has pushed requirements in recent years that have shifted more payments over to safer chip-based technology, such that 86% of face-to-face card transactions globally now take place with EMV chips, according to a Mastercard <a href=\"https://laohu8.com/S/MA\">$(MA)$</a> blog post. As such, the company plans to to gradually do away with magnetic stripes altogether and will no longer require them on its cards beginning in 2024 in most markets.</p>\n<p>Europe will be in the first wave of regions impacted by the relaxed requirement, as chip technology is \"already widely used\" there. U.S. bank issuers will no longer have to include magnetic stripes starting in 2027, per the Thursday post.</p>\n<p>By 2029, no new Mastercard credit and debit cards will be issued with magnetic stripes, meaning that by 2033, there will be no such Mastercards in the market with that technology.</p>\n<p>Though swipe technology has been supplanted by chip technology, the magnetic stripe once offered crucial benefits to the card industry. In the beginning days of cards, store clerks would have to write out a cardholder's information by hand and use flatbed imprinting machines to transfer the information to carbon paper packets, the Mastercard blog noted. Card companies would issue a monthly list of bad account numbers and merchants would have to reference their own shopper records against that list to make sure that the purchases were legitimate.</p>\n<p>The invention of the mag stripe is largely attributed to <a href=\"https://laohu8.com/S/IBM\">IBM</a>, Mastercard continued, and the technology enabled banks to encode card information onto magnetic tape on the back of cards. This spurred greater card acceptance and made it easier to quickly authorize transactions.</p>\n<p>EMV cards offer greater improvements, however, in that they feature microprocessors that help better secure a cardholder's information. Many have small antennae that allow for contactless transactions, which have grown more popular during the pandemic given consumer wariness about passing cards to other parties.</p>\n<p>Mastercard saw 1 billion more contactless transactions in the first quarter than it did in the same period a year prior. During the second quarter, 45% of its in-person checkouts worldwide happened through contactless transactions.</p>\n<p>The company also sees promise in biometric cards, which have chips as well as fingerprint sensors that cardholders can use to verify their identities. France is a \"hotbed\" for biometric cards, said Chris Reid, Mastercard's executive vice of data in its cyber and intelligence group, in a recent conversation with MarketWatch. The technology could help eliminate the need for PIN codes, especially in international markets where PINs are more prevalent across both the debit and credit landscapes.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A farewell to card swipes: Mastercard to start phasing out magnetic stripes in 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA farewell to card swipes: Mastercard to start phasing out magnetic stripes in 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-13 20:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>After gradual relaxation of issuing requirements, no Mastercard credit and debit cards will have mag stripes by 2033</p>\n<p>The practice of swiping could soon be limited to thieves and online daters as Mastercard Inc. prepares a phaseout of the magnetic stripes that enable people to swipe their credit and debit cards.</p>\n<p>Though magnetic stripes have been a fixture of payment cards for decades, the industry has pushed requirements in recent years that have shifted more payments over to safer chip-based technology, such that 86% of face-to-face card transactions globally now take place with EMV chips, according to a Mastercard <a href=\"https://laohu8.com/S/MA\">$(MA)$</a> blog post. As such, the company plans to to gradually do away with magnetic stripes altogether and will no longer require them on its cards beginning in 2024 in most markets.</p>\n<p>Europe will be in the first wave of regions impacted by the relaxed requirement, as chip technology is \"already widely used\" there. U.S. bank issuers will no longer have to include magnetic stripes starting in 2027, per the Thursday post.</p>\n<p>By 2029, no new Mastercard credit and debit cards will be issued with magnetic stripes, meaning that by 2033, there will be no such Mastercards in the market with that technology.</p>\n<p>Though swipe technology has been supplanted by chip technology, the magnetic stripe once offered crucial benefits to the card industry. In the beginning days of cards, store clerks would have to write out a cardholder's information by hand and use flatbed imprinting machines to transfer the information to carbon paper packets, the Mastercard blog noted. Card companies would issue a monthly list of bad account numbers and merchants would have to reference their own shopper records against that list to make sure that the purchases were legitimate.</p>\n<p>The invention of the mag stripe is largely attributed to <a href=\"https://laohu8.com/S/IBM\">IBM</a>, Mastercard continued, and the technology enabled banks to encode card information onto magnetic tape on the back of cards. This spurred greater card acceptance and made it easier to quickly authorize transactions.</p>\n<p>EMV cards offer greater improvements, however, in that they feature microprocessors that help better secure a cardholder's information. Many have small antennae that allow for contactless transactions, which have grown more popular during the pandemic given consumer wariness about passing cards to other parties.</p>\n<p>Mastercard saw 1 billion more contactless transactions in the first quarter than it did in the same period a year prior. During the second quarter, 45% of its in-person checkouts worldwide happened through contactless transactions.</p>\n<p>The company also sees promise in biometric cards, which have chips as well as fingerprint sensors that cardholders can use to verify their identities. France is a \"hotbed\" for biometric cards, said Chris Reid, Mastercard's executive vice of data in its cyber and intelligence group, in a recent conversation with MarketWatch. The technology could help eliminate the need for PIN codes, especially in international markets where PINs are more prevalent across both the debit and credit landscapes.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MA":"万事达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159922112","content_text":"After gradual relaxation of issuing requirements, no Mastercard credit and debit cards will have mag stripes by 2033\nThe practice of swiping could soon be limited to thieves and online daters as Mastercard Inc. prepares a phaseout of the magnetic stripes that enable people to swipe their credit and debit cards.\nThough magnetic stripes have been a fixture of payment cards for decades, the industry has pushed requirements in recent years that have shifted more payments over to safer chip-based technology, such that 86% of face-to-face card transactions globally now take place with EMV chips, according to a Mastercard $(MA)$ blog post. As such, the company plans to to gradually do away with magnetic stripes altogether and will no longer require them on its cards beginning in 2024 in most markets.\nEurope will be in the first wave of regions impacted by the relaxed requirement, as chip technology is \"already widely used\" there. U.S. bank issuers will no longer have to include magnetic stripes starting in 2027, per the Thursday post.\nBy 2029, no new Mastercard credit and debit cards will be issued with magnetic stripes, meaning that by 2033, there will be no such Mastercards in the market with that technology.\nThough swipe technology has been supplanted by chip technology, the magnetic stripe once offered crucial benefits to the card industry. In the beginning days of cards, store clerks would have to write out a cardholder's information by hand and use flatbed imprinting machines to transfer the information to carbon paper packets, the Mastercard blog noted. Card companies would issue a monthly list of bad account numbers and merchants would have to reference their own shopper records against that list to make sure that the purchases were legitimate.\nThe invention of the mag stripe is largely attributed to IBM, Mastercard continued, and the technology enabled banks to encode card information onto magnetic tape on the back of cards. This spurred greater card acceptance and made it easier to quickly authorize transactions.\nEMV cards offer greater improvements, however, in that they feature microprocessors that help better secure a cardholder's information. Many have small antennae that allow for contactless transactions, which have grown more popular during the pandemic given consumer wariness about passing cards to other parties.\nMastercard saw 1 billion more contactless transactions in the first quarter than it did in the same period a year prior. During the second quarter, 45% of its in-person checkouts worldwide happened through contactless transactions.\nThe company also sees promise in biometric cards, which have chips as well as fingerprint sensors that cardholders can use to verify their identities. France is a \"hotbed\" for biometric cards, said Chris Reid, Mastercard's executive vice of data in its cyber and intelligence group, in a recent conversation with MarketWatch. The technology could help eliminate the need for PIN codes, especially in international markets where PINs are more prevalent across both the debit and credit landscapes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":23,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}