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It has more to do with chargebacks than verifying at the time of the sale, as far as I know. If I claim I don't recognize a transaction, the business can defend
by oddlyaromatic 9y ago
It has more to do with chargebacks than verifying at the time of the sale, as far as I know. If I claim I don't recognize a transaction, the business can defend themselves a little if they have my signature recorded for that transaction.
- mikestew 9y agoYou mean the signature that was scrawled with a finger tip on a 4” touch screen? Yeah, that’s going to match what I wrote on the back of my credit card exactly. I think it is for just this reason that MC is ending the signature requirement. They’re ain’t defendin’ shit if they think they’ll convince anyone that the 100 pixel-wide smear was done by me and not someone else.
- c22 9y agoIt doesn't matter if it matches the back of your card, it matters if you can say you didn't sign it under threat of perjury.
- ribosometronome 9y agoWhy is saying "I didn't buy that item" under threat of perjury not the same?
- JumpCrisscross 9y ago> Why is saying "I didn't buy that item" under threat of perjury not the same? People forget buying things. Our legal system has a higher bar for falsely disputing a signature.