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Credit Cards Don't Require Signatures. So Why Do We Still Sign?
An anonymous reader shares a report: The big financial moments in life used to be marked with a flourish of a pen. Buying a house. A car. Breakfast. Not anymore. Visa, Mastercard, Discover and American Express dropped the requirement to sign for charges like restaurant checks in 2018. They don't loo...
Taps, clicks and electronic signatures took over the heavy lifting for many everyday purchases -- and many contracts, loan applications and even Social Security forms. And people keep signing card receipts out of habit -- even when there is no blank space for it -- because it feels weird not to, payment networks and retail groups say. Now there are more sophisticated ways to determine whether cards are stolen or misused, according to Mark Nelsen, global head of consumer payments at Visa.
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