It's been about a month since American Express and Mastercard decided to stop requiring signatures for EMV chip credit cards. Now Visa is joining their ranks, making signatures optional for chipped transactions in North America.
"Visa is committed to delivering secure, fast and convenient payments at the point of sale," said VIsa's Dan Sanford in a statement. "Our focus is on continually evolving the market towards dynamic authentication methods such as EMV chip, as well as investing in emerging capabilities that leverage advanced analytics and biometrics. We believe making the signature requirement optional for EMV chip-enabled merchants is the responsible next step to enhance security and convenience at the point of sale."
Source: https://www.engadget.com/2018/01/12/visa-signatures-optional-credit-cards-emv/
(Score: 2) by takyon on Monday January 15 2018, @06:27AM (2 children)
Hmm, I could have sworn that Walmart did no such thing. I don't remember signatures or photo ID being checked (for chipped credit cards). It has been a while since I went there though.
Wal-Mart exec: Credit card upgrade a 'joke' [cnn.com]
Everything about the rollout has seemed haphazard to me.
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]
(Score: 2) by JoeMerchant on Monday January 15 2018, @01:45PM
I think Wal-Mart is pretty haphazard in their implementation of corporate policies.
I don't go there often, but I have been since they put in the chip readers, and at that time, at that store, they asked for drivers' license.
🌻🌻 [google.com]
(Score: 0) by Anonymous Coward on Wednesday January 17 2018, @03:31PM
Big stores check for ID in black areas.