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Credit card companies do away with signature requirement - KRISTV.com | Continuous News Coverage | Corpus Christi

Credit card companies do away with signature requirement

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ATLANTA -

(CNN) - Many credit card users are not required to sign when they swipe anymore.

Starting yesterday, Visa will stop requiring merchants to collect customers' signatures during transactions.

American Express, Discover, and Master Card scrapped the practice Friday. One expert says that signatures are not considered a real deterrent to fraud anymore.

That's partly because most people don't sign their full name anyway.

But some merchants will still require you to sign because that's built into their credit card processing systems.

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