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Original poster
Apr 12, 2001
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Visa today announced it will eliminate its signature requirement for EMV payments beginning April 2018 in the United States and Canada.

apple-pay-visa-800x456.jpg

The change will apply to both chip-and-signature credit and debit cards, and contactless payment solutions like Apple Pay when linked to a Visa credit or debit card. The change is designed to allow for a more consistent, streamlined, and quicker checkout experience for both merchants and cardholders.

For years, customers have been required to sign the receipt when making a purchase to verify they own the debit or credit card they are attempting to use. A cashier is supposed to match the signature on the receipt against the one on the back of the card, but in reality, this process is often skipped nowadays.

Currently, even when using Apple Pay, a signature can be required on occasion for purchases over $25 made with a Visa card in the United States. But with EMV technology and other modern safeguards, Visa is now moving to fully eliminate this requirement, in line with Mastercard, American Express, and Discover.

The signature requirement is already much less common in Canada, where customers insert their chip card into a payment terminal and verify ownership by entering a four-digit PIN. You also can't use contactless payments for transactions over $100 in Canada (update: excluding American Express -- thanks Gary Ng!)

Visa says its partners have deployed EMV-chip enabled readers at more than 2.5 million locations around the world. Less than two years since the technology launched in the United States, counterfeit fraud declined 66 percent at EMV-chip enabled merchants, according to the company.

Merchants will remain able to collect signatures if required to do so by an applicable law in a particular jurisdiction.

Article Link: Visa Dropping Signature Requirement for Chip Cards and Apple Pay Starting in April
 

Mac 128

macrumors 603
Apr 16, 2015
5,360
2,927
Thank God. It's so embarrassing being anywhere outside of the US, when everyone else just pays and walks away, but all the Americans have to sign a slip, and the clerks have to dig out a pen. Some countries are better sports about it than others. But it definitely emphasizes who's an American and who isn't at a time when the US international reputation isn't exactly at it's best.
 
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UnusedLoginID

macrumors regular
Feb 28, 2012
230
220
When do we get wireless chips in the CC, similar to Apple pay? Just touch the card reader with the card and payment done. It's already available in Europe all over the place.
These cards have been available in the US for years. The have the contactless logo and you just bring it next to the terminal and it’s done. Ask your bank!
 
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laurim

macrumors 68000
Sep 19, 2003
1,926
866
Minnesota USA
FINALLY. now if only Americans got chip and PIN cards instead of chip and signature so I could use them in other countries without worrying it won’t work, especially while trying to buy a train ticket at a machine that requires a PIN. Often my card will get rejected for needing a signature and I have to try to find a manned ticket counter. Not all subway stations HAVE manned ticket counters and then I’m SOL
 
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Iphtashu Fitz

macrumors regular
May 5, 2008
117
137
outside Boston
FINALLY. now if only Americans got chip and PIN cards instead of chip and signature so I could use them in other countries without worrying it won’t work, especially while trying to buy a train ticket at a machine that requires a PIN. Often my card will get rejected for needing a signature and I have to try to find a manned ticket counter. Not all subway stations HAVE manned ticket counters and then I’m SOL

I *have* a credit card from PenFed that supports Chip & PIN. When I used it up in Canada to do things like pay for gasoline it accepted my PIN without any problems. But any time I used it in a restaurant, etc. they'd still print out a receipt for me to sign for some strange reason...
 
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BruiserB

macrumors 68000
Aug 9, 2008
1,631
539
When do we get wireless chips in the CC, similar to Apple pay? Just touch the card reader with the card and payment done. It's already available in Europe all over the place.
Capital One is doing it for their Venture and Quicksilver cards. My Costco Visa card issued by Citibank also has the logo but for some reason my card hasn't worked when I've tried it. Doesn't really matter to me as I have it loaded in ApplePay.
 
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tmiw

macrumors 68020
Jun 26, 2007
2,230
506
San Diego, CA
When do we get wireless chips in the CC, similar to Apple pay? Just touch the card reader with the card and payment done. It's already available in Europe all over the place.

It'll probably be a while. We tried them before but they ended up becoming such a scandal that most people would demand cards without that feature if banks just started issuing them again en masse. Even now people buy the RFID shields for their non-RFID chip cards because of the bad reputation.

These cards have been available in the US for years. The have the contactless logo and you just bring it next to the terminal and it’s done. Ask your bank!

Not really. Only a few banks issue them now, and they tend not to by default (or well, at least AmEx doesn't anyway) because of what I mentioned above.

FINALLY. now if only Americans got chip and PIN cards instead of chip and signature so I could use them in other countries without worrying it won’t work, especially while trying to buy a train ticket at a machine that requires a PIN. Often my card will get rejected for needing a signature and I have to try to find a manned ticket counter. Not all subway stations HAVE manned ticket counters and then I’m SOL

Most countries are actually going away from chip entirely, at least for smaller purchases. I went to the UK a few months ago and everyone assumed I was paying with contactless/Apple Pay. Which was nice because nearly everyone supported it.

Considering that and the upcoming EU mandate for contactless support at terminals, I'm not so sure PIN's necessary anymore, at least in Europe anyway.
 
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Relentless Power

macrumors Nehalem
Jul 12, 2016
35,297
37,955
As if retailers or anyone else for that matter check for a signature LOL

You're right, they don't. Nine times of ten, they never check the signature or even ask about it. It's a lost art. The only one's who are thorough enough to check seems be more of the older, more well trained employees.
 
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tmiw

macrumors 68020
Jun 26, 2007
2,230
506
San Diego, CA
I *have* a credit card from PenFed that supports Chip & PIN. When I used it up in Canada to do things like pay for gasoline it accepted my PIN without any problems. But any time I used it in a restaurant, etc. they'd still print out a receipt for me to sign for some strange reason...

Banks in the US mostly see PIN as a compatibility measure, if they're even willing to admit that there have been problems in the past. That's why cards that are supposedly "chip and PIN" are usually set up so that it's used as a last resort.
 
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