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Visa joins credit card companies in killing receipt signatures


credit card receiptPascal Le Segretain / Getty
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  • Visa will no longer require customers to sign
    receipts at check out. 
  • MasterCard, Discover, and American Express made

    similar announcements in late 2017.
  • Signatures are no long a necessary safety measure,
    according to executives. 

 

In 2018, major credit card companies including Visa, MasterCard,
Discover, and American Express will no longer require
customers to sign their receipts when checking out. 

Visa, the last holdout of the national companies, announced on
Friday that it would also make the signature requirement optional
beginning in April 2018. 

“We believe making the signature requirement optional for EMV
chip-enabled merchants is the responsible next step to enhance
security and convenience at the point of sale,” Dan Sanford,
Visa’s vice president of consumer products, said in a company blog post.

MasterCard, Discover, and American Express announced

similar plans in 2017.

According to the companies’ executives, with the rise of online
shopping and new tech like EMV chips in credit cards, signatures
have become less necessary as a safety measure. 


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