3 ms·
By the way, I don't think you need a better signature capture. You need to GET RID OF SIGNATURES, like they do already in a lot of countries... :-)
by herval 15y ago
By the way, I don't think you need a better signature capture. You need to GET RID OF SIGNATURES, like they do already in a lot of countries... :-)
- joezydeco 15y agoBy "better" I meant "works with a stylus". Most of Europe might be paying for meals with PIN-based debit, but a lot of Americans still pay with signature-based credit. The banks need the signature.
- herval 15y agoNot just europeans, but also japanese and all countries in south america (not sure about other asian countries and africa). Also, pin works for credit cards too, in these countries, not just debt Why do the banks need signatures in the US? Specially badly-drawn ones that don't even ressemble the actual signatures? (I can never sign properly in one of those POS machines from CVS, ever)
- joezydeco 15y agoSignatures allegedly lower the fraud rate, or at least assist in proving fraud if a card is stolen. Some banks now offer the option to bypass signature capture at the tradeoff of a slightly higher merchant rate. Many quick-serve restaurants (Chipotle comes to mind) will take the hit in return for processing customers faster. Time is money. Given how badly I sign the UPS pad when picking up a delivery, I can't see these signatures as being usable.
- herval 15y agowhy not pin codes, then?