“Can I get you to sign on the bottom?” “Your signature, please?” “Sign here.”
Those prompts that you’ve heard forever after shopping, eating out, and spending money are coming to an end.
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MasterCard is doing away with signatures on purchases starting in April.
It’s the end of an era. The future signature-less payment process stemmed from company research showing that customers wanted to speed up time at the register.
Requiring a signature had become antiquated with so many other security features such as chips, biometrics, and digital payment platforms. Some new MasterCard credit cards have a fingerprint sensor embedded in the card. When paying, cardholders just touch the sensor while holding the card as they dip it into the terminal. Read more…
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