Money Street News


Commonwealth Bank and Westpac are considering removing the 16-digit numbers from their credit and debit cards, a move Mastercard argues will reduce fraud by preventing criminal hackers from stealing card details.

Some payment experts, however, questioned the plans, arguing numberless cards risk adding friction to online commerce, given many customers still like to pay online using physical cards in their wallets and typing in the numbers.

Loading…



Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


No, thank you. I do not want.
100% secure your website.