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MasterCard will eliminate credit and debit card signatures next year

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Anthony Breedlove
Oct 20, 2017 21:00
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Pay for something with a credit card or use a debit card that is run as credit rather than debit and the odds are you’ll have to sign for it.

Signatures have become increasingly uncommon in the modern world, but they still exist and MasterCard wants to change that.

The company announced plans to get rid of signatures altogether for transactions involving its cards, and that could happen as soon as April 2018.

According to MasterCard, only about 20-percent of its transactions in North America require cardholders to sign for the purchase.

That’s a small number compared to past years, one that will continue to shrink in coming months.

If MasterCard has its way, the number will drop all the way to 0 after April of next year.

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Anthony Breedlove
Oct 20, 2017 21:00
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