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Coming soon: No signature required for credit card purchases
Posted on 4/10/18 at 12:14 pm
Posted on 4/10/18 at 12:14 pm
quote:
Consumers accustomed to signing for credit card purchases will soon see a change. Starting on April 14, Mastercard, Visa, American Express and Discover are doing away with the requirement that shoppers sign receipts for credit and debit sales. Some merchants may still require signatures but the credit card companies themselves are dropping the stipulation that shoppers provide their autograph.
Mastercard announced the change late last year, effective in April.
quote:
Visa said chip-enabled merchants have seen a 66 percent decline in frequency of counterfeit card fraud occurrences over the last two years, as well as a 58 percent decline in counterfeit fraud losses.
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17
Posted on 4/10/18 at 12:16 pm to Will Cover
It's not like anyone ever verifies the signatures anyway.
Posted on 4/10/18 at 12:16 pm to Will Cover
Great, so now I won’t feel pressured into tipping a cashier for a pick up order.
Posted on 4/10/18 at 12:18 pm to Will Cover
Good. It's really stupid that we still sign these. I just usually write my first initial and a line
Posted on 4/10/18 at 12:18 pm to Will Cover
quote:
Visa said chip-enabled merchants have seen a 66 percent decline in frequency of counterfeit card fraud occurrences over the last two years, as well as a 58 percent decline in counterfeit fraud losses.
Number of times my card info was stolen pre-chip: 0
Number of times with the chip: 3
frick the chip.
Posted on 4/10/18 at 12:18 pm to LSUBoo
Yep. I use cards in my wife's name ( with her knowledge) all the time.
I just scribble out a illegible signature to avoid any questions.
I just scribble out a illegible signature to avoid any questions.
Posted on 4/10/18 at 12:19 pm to Will Cover
Signatures are worthless. I usually just scribble something
Posted on 4/10/18 at 12:19 pm to LSUBoo
My signature is always changing on credit card purchases and never reflects my actual signature anyways. Hell, 75% of the time I just must a make a straight line or something.
Posted on 4/10/18 at 12:19 pm to Will Cover
Cool. Now I won't have to scribble a squiggly line
Posted on 4/10/18 at 12:20 pm to MettShow69
quote:
Great, so now I won’t feel pressured into tipping a cashier for a pick up order.
Nope, now they will have some extra step on the machine to type in your "tip" before you can pull your card out......Even more awkward than walking away before they realize you left nothing.
Posted on 4/10/18 at 12:20 pm to Will Cover
Need to start using PINs. Signatures have never been a secure method of verification. I've been signing different names for years.
Posted on 4/10/18 at 12:24 pm to KG6
quote:
Nope, now they will have some extra step on the machine to type in your "tip" before you can pull your card out......Even more awkward than walking away before they realize you left nothing.
This is already a thing.
Posted on 4/10/18 at 12:29 pm to Will Cover
I hardly ever sign charge slips anymore anyway.
Some places have those electronic touch screens that you sign, but all you have to do is scribble up and down a couple times and press ok.
Some places have those electronic touch screens that you sign, but all you have to do is scribble up and down a couple times and press ok.
Posted on 4/10/18 at 12:33 pm to TheHarahanian
For several years I have simply been drawing a line on the screen, absolutely no attempt at producing my signature.
Posted on 4/10/18 at 12:35 pm to MettShow69
quote:
Great, so now I won’t feel pressured into tipping a cashier for a pick up order.
I imagine places like Sammy's(we order to-go a couple times a month) will just start asking when they swipe your card.
Or like those Ipad devices do(Ny Bagel, Fresh Junkie, etc), let you add tip on the touch screen.
Posted on 4/10/18 at 12:35 pm to Will Cover
Coming sooner: no payment required for credit card purchases.
That's how I do it. Suckers let you buy stuff without ever forking over any actual money.
That's how I do it. Suckers let you buy stuff without ever forking over any actual money.
Posted on 4/10/18 at 12:35 pm to Will Cover
If it saves only one tree
Posted on 4/10/18 at 12:36 pm to jbgleason
quote:
Number of times my card info was stolen pre-chip: 0
Number of times with the chip: 3
frick the chip.
I recently had to cancel my Discover Card and order a new one due to my account being compromised. From what I can tell, the hacker(s) ordered books from Barnes and Noble. They were small charges. But I suspect that had I not noticed, they would have tried eventually to buy something of much greater value.
This post was edited on 4/10/18 at 12:36 pm
Posted on 4/10/18 at 12:36 pm to fallguy_1978
quote:
Good. It's really stupid that we still sign these. I just usually write my first initial and a line
I know at Papa Johns when online ordering became more popular, customers would include the tip. We call this a 'pre tip' and rarely had customer sign the store copy. We'd Just hand them their copy with the pizza.
Managers got pissed occasionally but frick it.
This post was edited on 4/10/18 at 12:37 pm
Posted on 4/10/18 at 12:38 pm to Will Cover
quote:
I recently had to cancel my Discover Card and order a new one due to my account being compromised. From what I can tell, the hacker(s) ordered books from Barnes and Noble. They were small charges. But I suspect that had I not noticed, they would have tried eventually to buy something of much greater value.
I hate that stupid chip technology. Samsung Pay is my buddy.
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