American Express will no longer require a signature

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American Express will no longer require a signature – Dec. 11, 2017

Chip credit cards: Slower but safer

Starting next April, you won’t need to sign anything to make a purchase with an American Express card.

American Express (AXP) announced the change Monday, saying it aims to create a more consistent and faster checkout experience.

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“The payments landscape has evolved to the point where we can now eliminate this pain point for our merchants,” said Jaromir Divilek, an executive vice president for Amex. “Our fraud capabilities have advanced so that signatures are no longer necessary to fight fraud.”

CNNMoney (New York) First published December 11, 2017: 9:20 AM ET

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