Credit Card Signatures Are About to Become Extinct in the U.S
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Re: Credit Card Signatures Are About to Become Extinct in the U.S
#2Any picture of mentioned dog wagging tail signature?
Re: Credit Card Signatures Are About to Become Extinct in the U.S
#3Now if we could only eliminate them for everything else.
Buying and selling houses is excruciating thanks to the number of signatures required.
I went to a closing on behalf of my then-wife who didn’t want to deal with it; because it was her house we were selling, I had to sign all the paperwork on her behalf, which involved a signature plus some additional verbiage. My hand was in pain by the time we were finished.
Re: Credit Card Signatures Are About to Become Extinct in the U.S
#4It would be nice if they would start requiring a PIN.
Re: Credit Card Signatures Are About to Become Extinct in the U.S
#5From experience, a signature in the checkout line usually takes about 5-10 seconds. Removing it may seem like a small negligible change for users, but for retailers, it most likely adds up.
Imagine being able to pick up your receipt and leave. What I see being the stalwart of signatures are probably restaurants. They require that extra step with the tip.
Re: Credit Card Signatures Are About to Become Extinct in the U.S
#6Now if we could only eliminate them for everything else. Buying and selling houses is excruciating thanks to the number of signatures required. I went to a closing on behalf of my then-wife who didn’t want to deal with it; because it was her house we were selling, I had to sign all the paperwork on her behalf, which involved a signature plus some additional verbiage. My hand was in pain by the time we were finished.
Most of the time a signature isn’t for verification but rather for acknowledgment.
I don’t give two shits what you put down as a signature, I just want a record that you consciously were present and signed something, so I don’t get accused of trying to pass off something quietly that you never agreed to.
If I have some scribble you made at a time and place, the onus is on you to prove it wasn’t you who did that.
Re: Credit Card Signatures Are About to Become Extinct in the U.S
#7Just this morning, my 5yr old daughter asked me "Daddy, why did you do just a scribble!?" in a scandalized tone of voice
Re: Credit Card Signatures Are About to Become Extinct in the U.S
#8Signatures haven't been required for credit cards in many other countries for quite some time now.
I have often wondered why the US has historically lagged behind for everyday banking. (e.g. email money transfers, chip enabled cards, pin number verification, tap to pay)
Re: Credit Card Signatures Are About to Become Extinct in the U.S
#9It would be nice if they would start requiring a PIN.
The kind of fraud prevented by a PIN enabled chip card is supposedly pretty rare. What would be more useful is a standard for browser attached chip card readers to bring the anti-fraud protections of a chip card to everyday Internet transactions.
Re: Credit Card Signatures Are About to Become Extinct in the U.S
#10Now if we could only eliminate them for everything else. Buying and selling houses is excruciating thanks to the number of signatures required. I went to a closing on behalf of my then-wife who didn’t want to deal with it; because it was her house we were selling, I had to sign all the paperwork on her behalf, which involved a signature plus some additional verbiage. My hand was in pain by the time we were finished.
Most of the time a signature isn’t for verification but rather for acknowledgment. I don’t give two shits what you put down as a signature, I just want a record that you consciously were present and signed something, so I don’t get accused of trying to pass off something quietly that you never agreed to. If I have some scribble you made at a time and place, the onus is on you to prove it wasn’t you who did that.
Provide an index sheet attached to a stack of papers acknowledging documents included (title, version, date on document, page count). Check by each line, one signature overall.