Mastercard Ready To Abandon Manual Card Transactions For Tokenized Transactions By 2030

Mastercard has revealed that almost half of its e-commerce transactions in Europe are now tokenised. In its 3 June 2025 press release, the company said that its goal is to support 100% tokenised e-commerce transactions by 2030. Brice van de Walle, Executive Vice President, Core Payments Europe Mastercard, said, “One year into our 100% tokenisation.. The post Mastercard Ready To Abandon Manual Card Transactions For Tokenized Transactions By 2030 appeared first on 99Bitcoins.

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Jun 8, 2025 - 03:00

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Mastercard has revealed that almost half of its e-commerce transactions in Europe are now tokenised. In its 3 June 2025 press release, the company said that its goal is to support 100% tokenised e-commerce transactions by 2030.

Brice van de Walle, Executive Vice President, Core Payments Europe Mastercard, said, “One year into our 100% tokenisation and authentication journey, Europe is gaining strong momentum. We’re working with partners to make digital payments more secure and seamless, through Click to Pay, passkeys, and tokens.”

Notably, 50% of Mastercard e-commerce transactions tokenised in Europe include Secure Card on File (SCOF), Click to Pay, and digital wallets, have increased by over one third in the past year.

Mastercard’s’ Merchant tokenisation, known as SCOF, is available in 45 European countries and territories.