December 7, 2017Blog Posts

Discover axes signatures for credit, debit purchases

Mobile Payments Today:

Beginning in April 2018, Discover will no longer require signatures at the point of sale for credit and debit transactions on the Discover Global Network in the U.S., Canada, Mexico and the Caribbean.

The card network said in a press release that this move is part of Discover’s efforts to continually improve the payment experience by speeding up the time spent at checkout all while maintaining a high level of security for both customers and merchants. Discover has already implemented a number of digital authentication technologies such as tokenization, multi-factor authentication, and biometrics that are more secure than a signature and provide a more seamless payment transaction.

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