News From the Wire

16:21:21 (UTC) 10-16-2026

Mastercard to keep payments moving during power, network outages across Europe

15:52:06 (UTC) 10-16-2026

Farsight, Ornn partner to help banks run AI in their own environment

20:39:12 (UTC) 10-15-2026

New research finds seamless payments at center of fitness brand loyalty

19:17:03 (UTC) 10-15-2026

SWIVEL® introduces PayPrompt® Pro, turning reminders into payments

19:14:49 (UTC) 10-15-2026

Blue Payment Agency rolls out payment processing for AI-built, custom-coded websites

19:12:31 (UTC) 10-15-2026

Veho appoints Henrik Nilsmo as chief revenue officer

19:09:40 (UTC) 10-15-2026

Alternative Payments launches Alti, financial intelligence for service businesses

19:07:57 (UTC) 10-15-2026

CDE Solutions, Bodega AI partner to bring AI to everyday retail operations



News from the Wire

Mastercard to keep payments moving during power, network outages across Europe

Friday, October 16, 2026 — 16:21:21 (UTC)

Mastercard to keep payments moving during power and network outages across Europe

WATERLOO, BELGIUM, Oct. 7, 2026

From early 2027, Mastercard’s new offline payment requirements will help people across Europe continue to pay when power or network connections fail.

When a power blackout hit Spain and Portugal in April 2025, an estimated 55 million people were suddenly unable to make digital payments. Today, Mastercard announced new offline payment requirements across its European network, designed to keep money moving and payments working when power or network connections fail.

From February 2027, all newly issued Mastercard cards across Europe will be enabled to make offline payments. By May 2027, all new and replacement payment terminals will also be required to support them.

Once the requirements are implemented across Europe, people will be able to use chip and PIN during an outage to pay for essentials at supermarkets, grocery stores, service stations and pharmacies, as well as at travel and ticket machines.

Offline payments work by securely storing spending limits on a card’s chip. If a terminal loses its connection, the transaction can be approved locally, up to a limit of €200 per transaction set in advance by the cardholder’s bank. It is then submitted for clearing when the connection is restored.

Mastercard has already successfully implemented offline payments in Denmark, Sweden, Estonia and Latvia. During a recent storm in Latvia, card payments continued in shops powered by local generators. In Denmark this spring, when a technical outage isolated terminals from the wider payment system, Mastercard’s crisis procedures enabled many transactions to continue at critical merchants.

Following coordination with partners, national governments, regulators and central banks, Mastercard is now expanding the capability more widely across Europe.

The rollout builds on steps Mastercard has taken over the past 12 months including investment in local infrastructure and cybersecurity—to strengthen the resilience of Europe’s payment networks.

“When the power or network goes down, people still need to buy food, fuel and medicine,” said Brice van de Walle, Executive Vice President, Core Payments at Mastercard. “We’ve seen that offline payments can make a real difference. By expanding this technology across Europe, we can help people keep paying for the things they need, even when the unexpected happens.”

Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.

Source: Company press release.

Categories: Announcement

skyscraper ad