Mastercard Getting Rid of Signatures for Credit/Debit Payments
In an age when credit and debit cards have smart chips inside them to provide an added layer of security, signing for a purchase feels somewhat antiquated.
A signature is, of course, not needed for online or mobile payment. But if you use your credit card in a brick-and-mortar store, you often still have to sign on the dotted line.
Mastercard (NYSE: MA), however, plans to end that practice. The credit card company said in a Web post that while 80% of in-store transactions with its cards currently do not require a signature, that number could reach 100% by April 2018.
Source: Fool.com
Visa Inc. A Stock
With 49 Buy predictions and not a single Sell prediction Visa Inc. A is an absolute favorite of our community.
As a result the target price of 281 € shows a slightly positive potential of 13.42% compared to the current price of 247.75 € for Visa Inc. A.