[Novalug] Credit -- was Virtual Box or KVM
jkohles at palantir.com
Thu Dec 23 15:53:23 EST 2010
It's neither illegal nor prohibited.
Visa and MasterCard both have optional programs that allow stores to not
require signatures for small purchases.
Visa's program is called "No Signature Required" and allows retailers to
skip requiring signatures for charges under $25. It has been around in
limited form since 2003, but was made more widely available in March.
MasterCard's is called "Quick Payment Service Program", has a cutoff that
varies from $15 to $50 depending on the merchant, and has been around
Jason Kohles, RHCA
Palantir Technologies | Unix Systems Engineer
jkohles at palantir.com | 703.957.5784
On 12/23/10 3:18 PM, "James Ewing Cottrell 3rd" <JECottrell3 at Comcast.NET>
> On 12/23/2010 2:00 PM, Bonnie Dalzell wrote:
>> I have noticed a number of supermarket checkouts and places like Panera
>> are no longer having you sign for charges under $20. The charge is just
>> accepted after the card is swiped. Maybe this is why the small charges,
>> not as likely to be challenged.
>Right, because this is technically illegal, at least in the sense as
>being prohibited by MC/Visa agreements.
>Whenever I mentioned this, the merchants always caved, but the sign does
>deter people from asking to do it.
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