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Mastercard to say goodbye to passwords

  • Mastercard plans to phase out passwords by 2028 and eliminate card numbers and one-time codes by 2030.
  • Instead, the company will focus on tokenization and biometric authentication for enhanced security.
  • The use of passkeys for authentication and biometric verification will be mandatory.
  • Mastercard will also enhance its Click to Pay service, eliminating the need for physical cards.

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