You know what is more insecure? The fact that you sign on the back of the card, and the cashier doesn't check what you sign on the receipt tallies to your signature on the back of the card.
You can still use the card whether you sign on the back or not. Its only a debit card, who the hell bothers to check whose signature is on it.
And by the way, its not a feature. Its a security measure that isn't really put in practice, maybe not in singapore, coz most cashiers are part time students, and aunties who don't give a shit as long as the transaction goes thru.
u can sign anything u like on the receipt, nobody cares one
If you do not sign on the strip... anybody who gets hold of your card can sign at the back... and start their shopping spree...
Better to sign... as strangers who get hold of your card may be stopped by meticulous cashiers who check... 80% of cashiers do not actually care whose card it is.... they dun check the signature and the receipt that was signed for..
When you sign a visa or mastercard transaction... as it is a debit card... it works like NETS... just that you just have to sign... instead of giving the 6 digit pin number on the pad.... the amount will be automatically deducted from your bank account tagged with the card.
Originally posted by Kirin_Rider:wah so once the card falls into other people’s hand means the person can spend using my card ? Even if i have not activated this card yet ?
Since when do you need to activate the card???
I thought you can start signing the card the moment you receive the card????
And why do you apply a debit card, when you do not want a debit card?
Originally posted by Kirin_Rider:wah so once the card falls into other people’s hand means the person can spend using my card ? Even if i have not activated this card yet ?
Fark, the card is in your hands, its already activated.
You can go to the DBS branch with the card, and replace it for the normal ATM card you know? Thats what I did, coz I have no use for the debit thing.
once ur card is lost, report it immediately, signed or not dont prevent pple from using it..nobody fucking bothers to look at ur signature...i have sign things like smiley faces, playstation the button logos, LMFAO etc and no one questioned me or ask me anything
Your signature is not needed. Only your credit/debit card is needed.
Sometimes your card is not needed. Only your card number is needed.
Once the card is swiped through the reader, your account is billed with the transactioned automatically. The transaction can be billed to your account manually, if your card number is given in writing.
The onus is on you to prove you did not do the transaction, therefore the signature works against you. Anyway even if you did not sign, i.e. you gave your card number, you are by contract liable for transaction done on the card account.
Once you have a credit/debit card, you have a hole to your money that makes it easier for the banks to take your money to pay the merchants. You provide the security by carrying the hole guardedly.
You sign or dont sign it doesnt matter, if someone picks up your card, they anyhow sign the transaction will still go through.. Or worst still if you leave it blank, they sign their own signature..
just becareful and not lose the card. once u realise its lost. just call and report. they will terminate the card. anyway theres record and most shops have cctv recording the cashier scenes. u may catch the thief..
use it.. many have been using it and nothing much happen.
nowadays cashiers dun verify signature.
they just swipe and wait for approval.
so, all u can do is. dun lose ur card/wallet