On Mon, Jan 11, 2010 at 9:16 PM, Ron Hawkins <[email protected]>wrote:
> I disagree. The basic operation of a credit card at the get go was for the > customer to be authenticated by comparing the signature on the voucher with > the one on the card. If they don't match the vendor refuses the > transaction. > This is still the basic MO for credit card transactions. > > Shops like Fry's always annoy me when they ask for my Driver's license, > make > a cursory comparison of the picture and my name with my face and the card, > and then complete the transaction without even checking the signature. Even > for transactions for 1000s of dollars. Can they really spot a counterfeit > license? > > Ron > > > > > the signature isn't a fraud countermeasure ... it is a dispute issue. > > if you dispute the charge and the merchant doesn't even have signed > > receipt ... there is nothing demonstrating that you agreed to the > > charge. > > > > Both Visa and Mastercard rules required they merchant to check the signature on the back of the card (unless it's PIN or a no-sig type of txn) and that's it. Merchants are not supposed to ask for additional identification. As Ron pointed out, it is unlikely that a clerk can spot a phony license. Also, don't forget the case where a person does not have a license, etc. > ---------------------------------------------------------------------- > For IBM-MAIN subscribe / signoff / archive access instructions, > send email to [email protected] with the message: GET IBM-MAIN INFO > Search the archives at http://bama.ua.edu/archives/ibm-main.html > ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
