Current location - Trademark Inquiry Complete Network - Overdue credit card - Why you need to sign on the back of your credit card
Why you need to sign on the back of your credit card

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

1. When swiping a card for consumption, if the cashier finds that the signature on the purchase form does not match the signature on the back of the credit card during the signature verification process, the cashier has the right to cancel the purchase and refuse to sell the goods. The merchant will be responsible for the losses caused by making a settlement without verifying the signature, but if the credit card is used fraudulently without a signature, the responsibility lies with the cardholder.

2. The signature is an important document to verify the identity of the cardholder. If the cardholder swallows the card when withdrawing cash at an ATM, bank staff can check the signature on the back of the bank card with the signature on the registration book if they are unable to verify the identity of the cardholder, and use this as a basis for processing. Return cards and other services.

3. Since credit card purchases in our country are usually made with passwords, many cardholders ignore the importance of signatures. But in foreign countries, in many cases, a password is not required for credit card consumption, and it is entirely based on a signature. Therefore, if the cardholder does not carry out the endorsement, normal consumption when traveling abroad may be affected.