If you have a credit card issued by Mastercard, you will get a replacement card in the next few years. The company says it is removing the magnetic stripe on the back of cards containing payment ...

Mastercard has announced it will be phasing out the magnetic stripe on its payment cards in "most markets" from 2024 as reliance on chip-based and contactless payments continues to grow. The company ...

Mastercard plans to phase out magnetic strips on credit and debit cards by 2033 due to the rise of other payment technologies, something that could change the appearance of the physical Apple Card.

Mastercard is getting rid of magnetic stripes on its credit and debit cards over the next 10 years, part of a broader push from the company to use "more capable and secure" alternatives to the ...