Full Version: Visa To Drop Signatures For Low-Dollar Purchases
I wonder how they'll handle disputes for items under $25.
QUOTE(cljohnr @ Apr 18 2006, 02:34 PM) 
I wonder how they'll handle disputes for items under $25.
Good question. I will be curious as well as I will be the one to implement changes like this at my business.
QUOTE(cljohnr @ Apr 18 2006, 01:34 PM)
I wonder how they'll handle disputes for items under $25.
I wondered the same thing when I first read it. Me thinks we should expect an updated merchant agreement that will address this.
Isn't this already a policy for Visa/MC/Amex?
I know I haven't needed to sign anything under $25 at the self service check outs at my grocery store for at least two years now.
I know I haven't needed to sign anything under $25 at the self service check outs at my grocery store for at least two years now.
Will this apply to ALL merchants or just those that opt in? Right now some places (Walgreens, CVS*, McDonalds, Starbucks) don't require signature under $25 (*$50 @ CVS)).
If Visa starts requiring all merchants to waive signature under $25, that is a great idea -- as long as the stores don't think that that in lieu of a signature they can check ID.
If Visa starts requiring all merchants to waive signature under $25, that is a great idea -- as long as the stores don't think that that in lieu of a signature they can check ID.
QUOTE(BBQ123 @ Apr 18 2006, 05:34 PM)
Will this apply to ALL merchants or just those that opt in? Right now some places (Walgreens, CVS*, McDonalds, Starbucks) don't require signature under $25 (*$50 @ CVS)).
If Visa starts requiring all merchants to waive signature under $25, that is a great idea -- as long as the stores don't think that that in lieu of a signature they can check ID.
If Visa starts requiring all merchants to waive signature under $25, that is a great idea -- as long as the stores don't think that that in lieu of a signature they can check ID.
http://www.greensheet.com/PriorIssues-/060302-/4.htm
QUOTE(hegemony @ Apr 18 2006, 11:02 AM)
OLD NEWS
Haven't had to sign at Starbucks, McDonalds, Wendys, etc., for quite some time now...
QUOTE(TampaDude @ Apr 18 2006, 10:06 PM)
Haven't had to sign at Starbucks, McDonalds, Wendys, etc., for quite some time now...
BURGER KING
TACO BELL
QUOTE(GEORGE @ Apr 19 2006, 12:08 AM)
QUOTE(TampaDude @ Apr 18 2006, 10:06 PM)
Haven't had to sign at Starbucks, McDonalds, Wendys, etc., for quite some time now...
BURGER KING
TACO BELL
Yup...faster than cash...and more accurate!
PAY-AT-THE-PUMP HAS DONE IT FOR YEARS!!!!!!!!!!!!
QUOTE(GEORGE @ Apr 18 2006, 06:32 PM)
QUOTE(hegemony @ Apr 18 2006, 11:02 AM)
OLD NEWS
THEY ARE TARGETING ADDITIONAL MERCHANT CLASSES FOR THE DROP-SIG POLICY.
QUOTE(hegemony @ Apr 19 2006, 08:29 PM)
QUOTE(GEORGE @ Apr 18 2006, 06:32 PM)
QUOTE(hegemony @ Apr 18 2006, 11:02 AM)
OLD NEWS
THEY ARE TARGETING ADDITIONAL MERCHANT CLASSES FOR THE DROP-SIG POLICY.
OK.......
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