Why do you need to sign on the back of a credit card?

It is indeed an international practice.

There is no need to verify the password when swiping a card through the MasterCard or Visa network abroad. The only confirmation is whether the signature on the purchase form is consistent with the signature on the back of the credit card.

In China, you can swipe your card through the UnionPay network. Most bank credit cards can be set with a consumption password. When you swipe your card at a large merchant, the cashier will check whether the signature is consistent, mainly to avoid the credit card being stolen.

Why do you need to sign after using a credit card?

As mentioned on the first floor, it is an international practice

Foreign countries do not accept cards without a signature on the back because they cannot be verified. Cardholder Identity. The signature on the back is like a password. When you make a purchase, your signature must match the signature on the back of the card. It is difficult for ordinary people to imitate another person's signature in a short period of time. This ensures the security of the card and buys the card owner some time when the card is lost.

I work in a bank. If a foreigner comes to swipe a card, we need to check the name and signature on the passport. After swiping the card, we will ask them to sign in person. If we think it does not look like it, we will refuse to pay.

Why you need to sign immediately after receiving a credit card

There are 2 security measures behind the credit card. The first is a CVV code consisting of 3 digits, and the second is a handwritten signature. Generally speaking, when you use a credit card to pay online, you need to fill in the CVV code; when using a credit card to make purchases offline, merchants often need to ask you to sign on the back of the credit card;

The reason why you need to sign is also for security reasons Consider; because shopping through offline channels requires a signature on the bill details. The formal process is that the salesperson will compare the signature on the credit card with the signature on the bill. If the handwriting is obviously different, it may indicate that the credit card is not yours. credit card;

However, in China, many credit card users will add consumption passwords to their credit cards, and most salespersons will not really deliberately compare the signatures on the credit card and the bill, so in It's not very useful if you don't sign on it, but you still need to go through this form, don't you want to go? Then some merchants will refuse you to use your credit card to make purchases;

In addition, a credit card signature is sometimes a prerequisite for reaching an agreement with the bank; if your credit card is stolen, sometimes the bank may be responsible for it , but if your credit card does not have your signature, your experience may be excluded by the bank’s insurance policy, resulting in you being unable to enjoy compensation.

What is the use of a signature on the back of a credit card?

Most domestic credit cards do not have a signature on the back, and domestic transactions are accustomed to using passwords. However, the signature on the back of the credit card is very important, so what is the use of the signature on the back of the credit card? Explain in detail for you.

1. You bear the risk if your credit card is stolen without a signature

If your credit card is stolen, the presence or absence of a signature determines who bears the risk. If there is a signature, the risk of fraud caused by settlement without verifying the signature will be borne by the merchant. If the credit card is stolen without a signature, the responsibility lies with the cardholder.

2. The swallowed card can be retrieved with the signature

When the cardholder withdraws money from the bank's ATM machine, if there is a problem with the machine and the card is swallowed, the bank staff will If the identity of the owner cannot be verified, you can also check the signature on the back of the bank card with the signature on the registration book, and use this as a basis to handle card refund and other services.

3. No signature affects overseas consumption

The signature on the back of the credit card is a guarantee of consumption security and is as important as the password. Different from China, when using credit cards abroad, you do not need to verify the password, it depends entirely on the signature. Therefore, if the cardholder fails to endorse the card, it will affect his normal consumption abroad.

As can be seen from the above, the signature on the back of the credit card is very important. Everyone should pay attention not to be too neat when signing on the back of the credit card, as this can easily be imitated. And the signature should be consistent with your daily handwriting.

Why do you need to sign on the back of a credit card? After reading this, you will definitely rush to sign...

After receiving the credit card, many cardholders will see in the card issuance notice "This card is for personal use only. Please sign in the signature field on the back of the card." Signature" prompt. However, a considerable number of cardholders do not take this prompt seriously, thinking that as long as they set a password for their credit card, it does not matter whether they sign or not.

So, is this really the case? After reading the introduction to the importance of signing on the back of a credit card, you will probably immediately take out your own credit card and sign on the back.

Why do you need to sign on the back of a credit card?

As far as we know, the back of the credit card is the guarantee of consumption security. It is as important as the password. It mainly has the following three functions:

1. Influence overseas consumption:

Although credit cards without a signature on the back can be used in China, this is not possible abroad. You should know that when using credit cards abroad, you do not need to verify the password, and the security depends on the signature. Therefore, if the cardholder does not perform a back signature, it will affect his normal consumption abroad.

2. Reduce the risk of credit card theft

Credit card endorsements can also reduce the chance of card theft. As we all know, if some credit cards are set up for signature consumption and no password is set, it will be easy for others to steal your credit card.

However, the cashier must carefully check the signature when swiping the card to make a purchase. If the signature does not match the back signature, the purchase must be cancelled. Otherwise, if the cashier settles without checking the signature, then you If your credit card is stolen, the loss will be borne by the merchant. And if your credit card is not endorsed, then sorry, you will be responsible for the loss if your credit card is stolen.

3. The card swallowed by the ATM can be retrieved with the signature

Many cardholders often encounter this situation. When withdrawing cash or depositing money at an ATM machine, if the password is entered incorrectly, It is easy to get stuck after 3 times. And if you cannot provide proof that the card is yours, it will be very difficult to get the swallowed card back.

But if your credit card has a back signature, you can also check the credit card back signature with the signature on the bank register. If the number can be matched, you can also get the swallowed card back.

After reading this, do you still think it is unnecessary to endorse a credit card? So, how do you sign the signature on the back of a credit card?

1. After getting the card, use a ballpoint pen or gel pen to sign in the signature column on the back of the card as soon as possible;

2. When signing, the font should be the same as The usual signature is the same, but don't be too neat to avoid being imitated by others.

3. Do not make any alterations after signing, otherwise the signature will be invalid.

This ends the introduction on why credit card signatures and why credit card signatures are invalid. Have you found the information you need?