Mastercard has announcedthat it intends to eliminate the need to print card payment confirmations at all points in Europe. “Thanks to this change, the seller in shop will no longer have to offer buyers a printout of a card transaction confirmation. It will be printed only at the customer's request,” the company said.
Changes to Mastercard Payments. Copies of transaction receipts will be stored in digital form
“The average hypermarket uses around 10,600 rolls of paper per year to print receipts and paper transaction confirmations (…). Therefore, in a move towards a more sustainable future for Europe, Mastercard is eliminating the need to print paper transaction confirmations,” it said in a press release.
According to Mastercard, the electronic solution will primarily reduce waste, but it is also associated with greater security and better accessibility of transaction data. “Digital histories of electronic payments are easier to recover and less susceptible to damage than classic paper receipts,” the company added.
Director of the Polish branch of Mastercard: We use our technology for a good purpose
“The lack of need to print transaction confirmations will help save valuable natural resources and reduce the negative impact on the environment by eliminating the need for paper, ink and energy-intensive printing processes,” the company emphasized. Equally important, the changes may also contribute to reducing emissions. gases greenhouse.
“We use our technology for good – to accelerate the development of a sustainable economy while fostering social inclusion. Our mission is to build and deliver products and services that help our business partners and consumers make informed choices. electionsand thus really act for the benefit of the natural environment” – summed up Marta Życińska, general director Polish branch of Mastercard Europe.