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Visa Will Make Signatures Optional for Chipped Credit Cards

posted by janrinok on Monday January 15 2018, @04:55AM   Printer-friendly
from the do-people-still-sign? dept.

Fnord666 writes:

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/

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  • (Score: 2) by c0lo on Tuesday January 16 2018, @01:36AM (1 child)

    by c0lo (156) Subscriber Badge on Tuesday January 16 2018, @01:36AM (#622914) Journal

    An ass whisperer might be able to tell me how many people have a subscriber badge but keep it hidden from view.

    Badge public or hidden from view is almost irrelevant when considered from the perspective of the Funding goal [soylentnews.org]
    There are 6000+ members, if all would contribute $1/year, the base goal would be exceeded.
    T's not like S/N is looking to make profits.

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  • (Score: 2) by DannyB on Tuesday January 16 2018, @02:31PM

    by DannyB (5839) Subscriber Badge on Tuesday January 16 2018, @02:31PM (#623137) Journal

    If everyone would get a subscription, that would exceed $1/year.

    It was in a conversation about the evils of advertising you convinced me to get a subscription. For the same reason I pay for Netflix with no ads. Hulu with no ads. HBO with no ads. I could go on and on.

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