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Apple Card to lose its magnetic stripe as Mastercard opts for Apple Pay and contactless future

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<p>Apple Card will start to change by 2027. Mastercard announced it’s “swiping left” on magnetic stripes after decades of supporting this technology. “The shift away from the magnetic stripe points to both consumers changing habits for payments and the development of newer technologies,” says the company in a <a href="https://www.mastercard.com/news/perspectives/2021/magnetic-stripe/" target="_blank" rel="noreferrer noopener">blog post[/url].</p>
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