Mastercard to Remove First-Use PVC Plastics from Payment Cards by 2028

Mastercard to Remove First-Use PVC Plastics from Payment Cards by 2028

Mastercard has pledged to remove first-use PVC plastics from payment cards on its network by 2028. The initiative is part of the company’s sustainability efforts and aims to provide consumers with more sustainable card options. From January 1, 2028, all new Mastercard payment cards will be made of eco-friendly materials like rPVC, rPET, or PLA, and approved through a certification program. The company will assist its global issuing partners in transitioning away from virgin PVC. This move marks the first by a payment network.

Read more at Fintech Finance news

Summary
Mastercard to Remove First-Use PVC Plastics from Payment Cards by 2028
Article Name
Mastercard to Remove First-Use PVC Plastics from Payment Cards by 2028
Description
Mastercard has pledged to remove first-use PVC plastics from payment cards on its network by 2028.
Author
Publisher Name
Fintech Finance news
Publisher Logo

Leave a Comment

Your email address will not be published.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