11.12.2017 21:00 Uhr, Quelle: Macrumors

American Express, Mastercard and Discover to Eliminate Signature Requirement for Purchases in April 2018

American Express today announced plans to eliminate signature requirements when customers make credit or debit card purchases, joining both Mastercard and Discover. All three companies plan to stop asking customers to provide a signature when making a purchase in the United States and Canada starting in April of 2018. The change is designed to allow for a more consistent, streamlined, and speedy checkout experience for both merchants and cardholders. Credit and debit card companies have long required signatures for purchases as an added security measure, but with technology improvements that include contactless payments and the adoption of EMV chip technology, signatures are no longer a necessity."The payments landscape has evolved to the point where we can now eliminate this pain point for our merchants," said Jaromir Divilek, Executive Vice President, Global Network Business, American Express. "Our fraud capabilities have advanced so that signatures are no longer necessary to fight fraud. In addition, the

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