Don't Sign Here, Please.

AuthorHancock, John
PositionTECH - Brief article

The signature, a centuries-old way of verifying identity, is rapidly going extinct. In April, four of the largest credit card networks-American Express, Visa, MasterCard, and Discover--stopped requiring a customer's signature to complete a transaction. The change is optional for retailers, so stores could still require you to sign-for now. But Walmart considers signatures "worthless" and has already stopped recording them on most purchases, and Target began phasing them out last spring. Most experts believe the signature will eventually be required only for...

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