Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between signature (also known as non-PIN or pinless) and PIN transactions?

0
Posted

What is the difference between signature (also known as non-PIN or pinless) and PIN transactions?

0

A PIN-based transaction requires you to enter your PIN (Personal Identification Number) into the merchant keypad at the point of sale. Signature transactions generally require your signature. A signature may not be required for a certain pinless transactions, such as Internet purchases, mail order purchases and pay-at-the-pump gas purchases.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123