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by oddlyaromatic 3160 days ago
It has more to do with chargebacks than verifying at the time of the sale, as far as I know. If I claim I don't recognize a transaction, the business can defend themselves a little if they have my signature recorded for that transaction.
1 comments

You mean the signature that was scrawled with a finger tip on a 4” touch screen? Yeah, that’s going to match what I wrote on the back of my credit card exactly.

I think it is for just this reason that MC is ending the signature requirement. They’re ain’t defendin’ shit if they think they’ll convince anyone that the 100 pixel-wide smear was done by me and not someone else.

It doesn't matter if it matches the back of your card, it matters if you can say you didn't sign it under threat of perjury.
Why is saying "I didn't buy that item" under threat of perjury not the same?
> Why is saying "I didn't buy that item" under threat of perjury not the same?

People forget buying things. Our legal system has a higher bar for falsely disputing a signature.