One Year In, Mastercard's Checkout Transformation Gains Ground Across Europe

One year after announcing its vision to phase out manual card entry and drive 100% tokenisation , Mastercard is celebrating major strides across Europe, where a growing number of partners are adopting the technologies that underpin safer, smarter digital commerce.
Nearly half of Mastercard e-commerce transactions are now tokenised in Europe. These tokenised transactions, including Secure Card on File (SCOF), Click to Pay, and digital wallets, have increased by over one third in the past year.
Merchant tokenisation, known as Secure Card on File (SCOF), is now live in 45 European countries and territories, helping reduce fraud and improve approval rates by replacing card numbers with dynamic, merchant-specific tokens.
Click to Pay has expanded to 26 European markets, and enrolments have more than doubled over the past year, streamlining checkout for even more returning users.
Meanwhile, payment passkeys are emerging as a breakthrough in digital authentication, allowing users to authenticate with a fingerprint or facial recognition- eliminating passwords.
Newly onboarded partners working with Mastercard to accelerate adoption of seamless, secure digital checkout over the past 12 months include: Tokenisation: Checkout.com, Delivery Hero (eFood, Foody, Foodora, and Glovo), Global Collect (Worldline), Monext, Santander Click to Pay: Autopay, Consors Finanz BNP Paribas, Fiserv, ICA Banken, Lendable, Nickel, N26, Ogone (Worldline), PayU, SaferPay (Worldline), SIX, and tPay Payment passkeys: Dintero, Netopia, Solidgate
'One year into our 100% tokenisation and authentication journey, Europe is gaining strong momentum,' said Brice van de Walle, Executive Vice President, Core Payments Europe, Mastercard. 'We're working with partners to make digital payments more secure and seamless, through Click to Pay, passkeys, and tokens.'
Mastercard research** shows that 54% of Europeans feel irritated when asked to create an account at checkout, and 82% report some level of frustration navigating friction-heavy processes.
By replacing passwords with passkeys, securely auto filling card details, and using encrypted tokens, Mastercard and its partners are addressing these pain points, making checkout safer and more user-friendly.
'We want to offer the best and most secure payment alternatives to our customers' said Matias Sanchez, Global Head of Cards and Digital Solutions at Santander. 'With tokenisation, their card details are better protected, making checkout easier, faster, and more secure. Partnering with Mastercard allows us to bring this extra layer of safety, therefore Click to Pay is one of our top priorities.'
'Mastercard Payment Passkeys mark a major step toward secure, seamless, and user-friendly digital payments. As the first European processor to combine this with Click to Pay, we're proud to offer a faster, safer, password-free experience, setting a new standard for digital commerce and building on our strong partnership with Mastercard.' said Marius Costin, Chief Executive Officer, NETOPIA Payments.
Mastercard will continue partnering across the region to expand access, raise consumer awareness, and accelerate adoption, advancing its path toward 100% tokenisation and authentication by 2030.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Daily Mirror

8 hours ago

• Daily Mirror

Martin Zubimendi announcement plan emerges as Arsenal face transfer delay

Arsenal are set to confirm Real Sociedad midfielder Martin Zubimendi as their first summer signing in a major coup for Mikel Arteta Martin Zubimendi's transfer to Arsenal is not expected to be made official until July - even though the player has already travelled to London with his agent to put the finishing touches on his switch from Real Sociedad. The Spain international was in the capital on Friday to meet with Gunners officials as Mikel Arteta's side hone in on their first big statement deal of the summer window. ‌ However, Sociedad want the move to be ratified next month for their financial records as the current football financial year is due to end on June 30. Arsenal are also expected to pay slightly over Zubimendi's £51million release clause and the final fee could yet reach £55m all in. ‌ The extra £4m, though sources remain tight-lipped on the final figures at this stage, would entitle them to more favourable payment terms, spread across a longer period of time and significantly, would give them further flexibility in the market amid the tightening of PSR regulations. Real Madrid had been tipped to hijack Arsenal's swoop for the 26-year-old following Xabi Alonso's arrival at the Bernabeu but Zubimendi's impending transfer was already agreed in principle several months ago and the Gunners have long been operating with the belief that he would be joining this summer. Meanwhile, Thomas Partey's contract situation currently looks bleak as discussions have not progressed between the parties and barring any late U-turn, the Ghanaian is set to become a free agent at the end of the month. The 32-year-old has been offered to a number of top European clubs including Galatasaray and Fenerbahce in the past week but at this stage, it is still not clear where he could yet end up as his priority has always been to stay at Arsenal. If Partey does indeed depart, Arsenal will actively seek to recruit another midfielder after also losing Jorginho to Flamengo, although Zubimendi is expected to fill the void of the Ghana international at the base of Arteta's engine room. ‌ Arsenal are poised to ramp up their pursuit of new arrivals in the coming weeks with a striker still considered both Arteta and sporting director Andrea Berta's top priority. Interest in RB Leipzig's Benjamin Sesko and Sporting CP's Viktor Gyokeres remains ongoing and at this moment in time, Arsenal are seemingly still yet to commit to going all-out for either player as both deals remain there to be struck. Both Sesko and Gyokeres are thought to be keen on moves to the Emirates.

Scottish Sun

12 hours ago

• Scottish Sun

Hibs bank £1MILLION on flop striker who scored just five league goals in Scotland over two year period

He started last season brightly before being sent on loan IN THE MONEY Hibs bank £1MILLION on flop striker who scored just five league goals in Scotland over two year period Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) HIBS have banked £1 million by offloading flop striker Dylan Vente to SC Heerenveen. The Easter Road club have made a healthy profit on the 26-year-old, bought from Roda JC for £600,000 in 2023. Sign up for Scottish Sun newsletter Sign up 2 Hibernian have sold Dylan Vente to Dutch side Heerenveen Credit: Willie Vass 2 They're in profit after he impressed on loan at PEC Zwolle Credit: Getty Vente failed to spark in Scottish football, scoring eleven times but not succeeding to make any continuous impact. But he hit form last season during a loan in the Eredivisie, bagging 17 goals in 37 games for PEC Zwolle so has now won a permanent move back to Holland. Boss David Gray said: 'I'd like to start by wishing Dylan all the best for the future. 'He was a player that I enjoyed working with on the training pitch and someone that had a real desire to do well. 'He performed well in the Eredivisie with PEC Zwolle last season and felt more comfortable back in his homeland, playing football with a smile on his face. 'His time at Hibs didn't quite work out the way we'd all planned, but I'd like to thank him for all his hard work and hope he goes on to achieve his ambitions and full potential.' Hibs held out for a tidy sum for Vente, with several clubs interested in securing him after his form back home. Director of Football Malky Mackay said: 'There was a lot of interest in Dylan this summer after his performances last season, and he had a clear desire to continue playing and enjoying his football in the Eredivisie. 'We had to make sure that we got the right deal for Hibernian FC, and after a number of conversations, we're happy with the deal we've got for him. 'We wish him nothing but the best going forward.' Hibs chief Malky Mackay on his Celtic team-mate who could've been as good as Henrik Larsson Vente featured regularly during his first year at Easter Road but rarely played a full 90. He scored against Luzern in European competition and netted a further seven in all competitions in 2023-24. He flew out the gates last season with a hattrick in the first League Cup Group Stage match against Elgin City, but those were the last goals he would score for Hibernian. For the commencement of the league he was handed his homeland loan move, where he shone and ultimately laid the foundations for his permanent move away. Keep up to date with ALL the latest news and transfers at the Scottish Sun football page

Daily Record

13 hours ago

• Daily Record

Scathing Rangers claim I heard about Russell Martin is another language but I don't buy the speculation

Russell Martin will need the finely-tuned attributes of Harry Houdini when he starts work on Monday. The escapologist's speciality was being suspended upside down in a tank of water while handcuffed and wearing a straitjacket. He had three minutes to hold his breath and extricate himself from his constrictions. Or else. It's not a life-or-death scenario for the new head coach at Ibrox, despite what the more excitable might claim. But endangerments are building up. There's Panathinaikos in the Champions League qualifier next month – defeat over two legs looks unthinkable. There's a row over the circumstances that saw John Souttar put country before club, and delayed an operation, to be available for Scotland's recent two friendlies. Meanwhile, the club's activity in the transfer market has had the same grip on fans' imagination as FIFA's Club World Cup. Limited enthusiasm has been shown by a support who were expecting big bucks to be thrown at new players by Rangers' new owners, 49ers Enterprises. A civil ceremony to formalise the arranged marriage between the club and their backers will take place at an EGM at Ibrox on Monday. Shareholders will meet to approve £20m of fresh investment. Symbolically, it is a day when governance of the club is taken out of the hands of those who, historically, were brought up to support Rangers. Money knows no allegiance, however, and years of minimal success necessitates an influx of cash from anywhere, and San Francisco is as good a place as any. Martin comes into this potentially febrile environment with his eyes wide open and with a need to close his ears to the outside noise. I came back from the Highlands last Monday having watched two of my grandsons perform at Lochaber Provincial Mod. Then I turned on the radio and wondered if I was still dealing with the linguistic problem of not understanding a word. A Rangers supporter denounced Martin as a 'second-rate manager' and said Rangers would be lucky to finish in the Premiership's top six. It was a cultural rather than language barrier confronting me. My grandkids aren't Gaelic speakers but had learned their competition piece phonetically. The radio caller, on the other hand, was word perfect when it came to unfounded speculation. Martin has enough to worry about without fretting over guesswork. He faces a must-win match at Ibrox against Panathinaikos next month in his first competitive match. He'll need to wriggle out of that like Houdini would – because a lot of the players who had previously excelled on European nights at Ibrox are no longer there. That situation might worsen if Cyriel Dessers is sold from beneath him. Martin must focus on matters he can control and ignore irrelevant details like Gers never beating Panathinaikos in four previous meetings. The past has no relevance to the present or the future, which Russell must shape in a positive way. Monday begins a new era at Ibrox and the weight of history is on Martin's shoulders. Houdini was an illusionist too but the head coach will be under no illusions about his job. The difference between success and failure will be visible to all from every angle.