Mastercard plans to phase out the need for entering card numbers, passwords, and one-time codes by 2030, aiming for all transactions to be tokenized.Tokenization has been successful in streamlining digital payments, reducing fraud, and enabling secure transactions across platforms.Mastercard's tokenization service, MDES, currently tokenizes over 30% of transactions globally.The company is exploring new use cases for tokenization, such as car payments and commercial transactions, to increase security and transparency.