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Is Signature Is Important On Debit Card Or Other Cards ?

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Is Signature Is Important On Debit Card Or Other Cards ?

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Is Signature Is Important On Debit Card Or Other Cards ?

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Nowadays almost all pos terminals request for pin so additional signature verification is not required as printed in such charge slips.

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The problem is that if you don't sign on the card, the person finding the card can put his or her signature and carry on a transaction as the merchant doesn't have any other means to verify the signature. So always sign on the card as you recieve it.

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But It is an old law which protects credit card holder and merchant in the event of fraud or chargeback. In current era where technology has improved and multiple validation layers has been introduced by country,financial institute and government to control the frauds or using the unauthorized access.