• Visa will drop signature requirements for chip cards, Apple Pay, Google Pay, and Samsung Pay in April

    5 days ago - By VentureBeat

    Visa today announced that it will join MasterCard, American Express, and Discover in eliminating the need for signatures when making any EMV chip or contactless payment, starting this April.
    The change will enable North American users of Apple Pay, Google Pay , and Samsung Pay to complete Visa transactions with little more than an identity-authenticated touch of the device to a payment terminal. EMV chip and contactless payments generally rely on tokenized one-time codes for individual transactions, rather than reusing the same code across multiple transactions, reducing the potential for...
    Read more ...

     

  • Visa Dropping Signature Requirement for Chip Cards and Apple Pay Starting in April

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

    5 days ago - By Mac Rumors

    Visa today announced it will eliminate its signature requirement for EMV payments beginning April 2018 in the United States and Canada.
    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...
    Read more ...