You are viewing a single comment's thread from:
RE: When Credit Card Security Goes Wrong
Odd Question: Do you think the changes in some of the big chains (i believe like Walmart) eliminating signing for the receipts will have a positive or negative impact? Is this helping the experience or compromising the security even more...
Customer signature is a relic. It's absence wont be missed as its use doesn't really do much. Nobody checks to verify the signatures match an ID anyways. Back in the day, when I hunted credit card thieves, I liked it if the perpetrator actually signed the victims name on the slip (had to be legible). Then I could charge them with Forgery, in addition to theft and possession of a stolen card. The smart thieves would either just scribble something illegible or actually sign their own name (sounds dim, but they did avoid another criminal charge).
smart criminals :) and i agree with your position. the next 10 years will be interesting to influence and watch