Towards Digitization Mastercard plans to phase out manual card entry for online payments in Europe by 2030

In fact, this is a system that has been discussed for a long time. As early as 2016, a Taiwanese financial company had explained in an article that the basic idea of “code payment” is to virtualize the card number, so that the real card number is not displayed during transactions in physical or online stores, in order to enhance the security of the payment process.