Should Businesses Still Require Credit Card Receipt Signatures?
· Collecting receipt signatures is now optional if you have an EMV-compliant credit card reader. · EMV is more effective than receipt signatures for deterring credit card fraud. Since 2015, EMV-compliant merchants have seen counterfeit fraud drop 80%. · Receipt signatures may still be useful for some small businesses, such as restaurants that use receipts to collect tips or service professionals that use them as proof of approval for work orders or for acceptance of completed