For physical transactions, change is happening, but it’s a slow migration. Looks like MasterCard has plans to remove the magnetic stripe [1]. Online, perhaps c

For physical transactions, change is happening, but it’s a slow migration. Looks like MasterCard has plans to remove the magnetic stripe [1]. Online, perhaps credit cards will disappear into password managers and mobile payments (Google and Apple Pay, etc.) with ordinary businesses storing very little. [1] https://www.theverge.com/2021/8/17/22628455/mastercard-magnetic-stripe-phase-out-2024-2033 https://www.theverge.com/2021/8/17/22628455/mastercard-magne...