No Signature Required: Visa Ends Signature Requirement This Upcoming April

Visa has now joined the ranks of the other three major credit card companies in getting rid of the signature requirement on credit card purchases in the United States. The change will be in effect for both chip-and-signature credit and debit cards, and contactless payment solutions such as Apple Pay where a Visa credit and debit card are linked. With ongoing migration to EMV, increased security and convenience are being brought straight to the point of sale, meaning a signature is no longer necessary.

With ongoing migration to EMV, increased security and convenience are being brought straight to the point of sale.

According to a press release from Visa this past December, in the two years since the EMV transition, fraud at the physical point of sale is down by 66 percent. This has been mostly attributed to the deployment of EMV-ready technology at the in-store POS and from the deployment of EMV chip cards.

Visa is the last of the four major credit card companies to do away with the…