Why do you even bother signing your credit card receipts? Nobody ever looks at it. You could write your name, Donald J. Trump, Samuel L. Jackson, or Bullwinkle J. Moose and nobody would care – would they?
Theoretically, your signature does matter. That signature indicates a binding contract for the purchase. A seller could choose to void the transaction given a false name. If the charge is challenged later, you have given away a valuable piece of potential evidence.
Credit card signatures were originally intended to give the seller a method of verifying identification by checking the signature on the receipt against the credit card signature. Harried checkout clerks have rarely taken this seriously. They process transactions as long as there is any type of scribble on the receipt.
For this and many other reasons, the credit card signature is on its way out – thanks to EMV cards. You probabl...
from MoneyTips https://www.moneytips.com/no-more-signatures
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