PHILADELPHIA (CNN) — Starting next April, you won’t need to sign anything to make a purchase with an American Express card.
American Express announced the change Monday, saying it aims to create a more consistent and faster checkout experience.
“The payments landscape has evolved to the point where we can now eliminate this pain point for our merchants,” said Jaromir Divilek, an executive vice president for Amex. “Our fraud capabilities have advanced so that signatures are no longer necessary to fight fraud.”
American Express already stopped requiring U.S. merchants to collect signatures on purchases of less than $50. And there were different threshold amounts in other countries. In some regions outside the United States the use of signatures are already less common, according to the company.
The Original Article: http://philadelphia.cbslocal.com/2017/12/11/american-express-signature/