How long until your signature is obsolete?

Visa and MasterCard are phasing out signatures on credit card transactions. They've just seen the writing on the wall.

The signature has always been an imperfect method to prove you are who you claim to be, especially when your John Hancock is your barter for money. After all, signatures can and have been forged. Ask any high schooler.

Visa and MasterCard have apparently reached the same conclusion. On Thursday, The Wall Street Journal reported that the two credit card giants are getting rid of swipe-and-sign transactions, meaning your signature will no longer be requested when the waiter brings you your check or the cashier swings the signing pad in your direction. Instead, starting in October 2015, all Visa and MasterCard transactions will be chip-and-PIN: You'll stick your card into a slot and enter a personal identification number to complete your purchases.

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.