A Blog by Jonathan Low

 

Dec 16, 2017

Am Ex and Mastercard Are Ending One of the Most Annoying Things About Buying In Stores

Who needs to sign receipts when the scanner recognizes your face? JL

Kate Taylor reports in Business Insider:

In 2018, major credit card companies including MasterCard, Discover, and American Express will no longer require customers to sign their receipts. With the rise of online shopping and new tech like EMV chips in credit cards, signatures have become less necessary as a safety measure
In 2018, major credit card companies including MasterCard, Discover, and American Express will no longer require customers to sign their receipts.
American Express became the latest company to announce that it will stop requiring card members to sign receipts, beginning in April 2018. Previously, the company forced merchants to require all shoppers to sign for all transactions when checking out.
With the rise of online shopping and new tech like EMV chips in credit cards, signatures have become less necessary as a safety measure, American Express said in a press release.
In October, MasterCard announced that it would similarly stop requiring customers' signatures as of April 2018. And, Discover made a similar announcement last week.
At this point, The Verge reports, Visa is the only major credit card company that has not yet announced plans to kill the annoying — and increasingly unnecessary — signature requirement in 2018.

0 comments:

Post a Comment