DISQUS

icepyro · 1 year ago

I can't verify the online business/cvv thing, but just thought I'd shed some more light on the physical world (at least where I live).
The drive-thrus and and convenient stores still gather a signature if the purchase was more than a certain amount (depending on store, usually $15-25). Basically I don't have to sign if I go alone but sometimes friends come along and just give me money afterward and I pay with my card and have to sign. I guess keeping the line moving is worth more than the difference in fee on purchases small enough, but if one person buys $25 worth of food in a drive-thru, then it's going to take longer to prep the food anyways so might as well save a penny and sign.

CarlM · 1 year ago

Yep .. recently I had my first experience of using a credit card at a cash register and not having to sign. I asked and was told that they (this particular store) didn't need the signature if the total was under $25. I have no idea how long this practice has been going on since I don't usually use a credit card for that sort of purchase.

TIMM · 1 year ago

there is something to the timing of the charge that also changes the nature of fast-food charges to the run of the mill store charges.

it's been explained to me that fast food charges are run first, and sometimes retroactively to the other charges, especially over the weekend when the bank can only verify the sum was in your credit or bank account.

so, there's a dymanic unfolding.

-=T=-

randy · 1 year ago

@carl: It's been going on in the Chicago area for at least 3 years. I remember not having to sign for fast food during my senior year of college.