10/23/2017

Ditching the Signatures

It may be time to consider removing signature requirements for purchases from your own organization

Now that nearly everyone has credit cards with chips in them, it seems a little antiquated to have to sign our names for in-store purchases.

To make the purchasing process smoother, Mastercard is currently taking steps to eliminate all signature requirements by April 2018, according to a new statement.

“At first glance, this might sound like a radical proclamation, especially to people who have had credit and debit cards for decades,” writes Linda Kirkpatrick, the firm’s executive vice president of U.S. market development. “However, the change matches all of our expectations for fast and convenient shopping experiences.”

Please click here to read the complete article on Associations Now.