Blog Archives for March of 2018

This is the Beacon Payments blog. Learn about the credit card processing and the merchant services industry. Hear about the successes of our outside sales people whose job it is to sell merchant services and sell credit card processing programs.

Starting April 2018 signatures will no longer be required

Published 03/13/2018

For as long as credit cards have existed merchants have been conditioned to require cardholders to sign each sales slip.  In reality, this process slows down the transaction and adds very little security because most merchants do not take the time to verify the signature on the receipt matches the signature on the back of the card.

Recently MasterCard announced they will remove the requirement to obtain a signature on most transactions beginning in April of 2018.  Almost immediately American Express, Discover and Visa followed suit on a similar timeline

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