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bobthepanda
on April 5, 2018
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Secret Service Warns of Chip Card Scheme
Signature is not proof of identity, you are essentially signing a contract. The US model does not have any actual form of identity verification.
mjevans
on April 5, 2018
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Precisely correct. The legal model is a contract and you can't sign one of those with just a (short) pin.
leesalminen
on April 5, 2018
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The card brands are dropping the signature requirement for EMV transactions in the US this month.
https://cardconnect.com/company/blog/no-more-signing-for-pur...
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