Major credit card companies, including Visa, MasterCard, American Express, and Discover, are eliminating the need for signatures on purchases, a move that acknowledges the diminishing value of signatures for security and convenience. Signatures have become largely ineffective, with many transactions not being verified by retailers, making the process outdated. Technological advancements such as security chips, tokens, and mobile payments have rendered the traditional signature redundant. However, the change is voluntary, and some businesses may continue to require signatures.
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