Biometrics and Tokenization Help Mastercard Go Signature-Free
February 11, 2018
Mastercard is almost ready to leave signatures behind. The company has announced that after April of next year, no signatures will be required for any debit or credit purchase in the US or Canada.
Receipt signatures are already well on their way out the door, of course. Recognizing that they’re pretty much useless as a security tool at this point, a lot of people just write squiggly lines or do a drawing; and Mastercard says that it’s only required for less than 20 percent of transactions in North America today.