No more signing for Visa

Stuff reports:

The personal identification number (Pin) has proved to be mightier than the pen, with Visa officially removing the ability to sign for credit card payments this weekend.

Though the exact timing of the change varies between banks, Visa has set its deadline for Saturday.

Country manager for New Zealand and South Pacific, Caroline Ada, said the end of the signature era was aimed at improving payment security.

“Using Pin for purchases at the point-of-sale provides the greatest security for electronic payments today,” she said.

Long overdue. Much more secure, and faster.

What is pleasing is that your PIN now works overseas more and more.

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