The same is true of credit cards. Although all credit cards used in daily life have passwords, the risk of password leakage increases with the increase of credit card usage. After the credit card and password are lost, checking "countersignature" becomes the last barrier to protect the security of the main credit card. Therefore, according to the relevant requirements, the cashier must check whether the cardholder's signature is consistent with the signature on the credit card. If they are different, the consumer transaction cannot be confirmed. It is an irregular operation for a merchant not to check the signature. Cardholders should also establish a sense of safe consumption of credit cards and consciously sign their names on the back of credit cards to prevent them from being stolen. The bank staff reminds you that in addition to verifying the "back signature" of the credit card when swiping the card in the mall to ensure the safety of the card owner, the bank staff can also check the signature on the back of the bank card with the signature on the register when citizens withdraw money from the bank ATM machine, so as to handle the card return business.
The benefits of signing on the back of a credit card to the cardholder are as follows:
1, the consumption is more convenient, so you don't have to worry about entering the wrong password, you can't settle the account, and you can't do the transaction.
2. With the signature, you can get back the card that was eaten by the ATM.
3. The merchant has the responsibility to verify the signature, and the bank also bears the liability for compensation for the theft of the credit card, so once the credit card is stolen, the consumer can get compensation from the bank or the merchant.