Mastercard Retires Customer Signatures

A less vexing mystery – at about the level of why you park in a driveway and drive on a parkway – is why credit card companies need a signature for in-person charges but not those taken online or by phone. Mastercard has resolved that conundrum by no longer requiring signatures at all. Fun fact: according to Mastercard, nearly one in five Americans can’t recall the last time they used their signature for anything else.