[HIGHLIGHTS] PIN or signature when paying by card – which is safer? Retailers need to take this into account

PIN or signature when paying by card – which is safer? Retailers need to take this into account. As of: February 5, 2024, 4:00 p.m By: Marco Blanco Ucles CommentsPressSplit Whenpaying by card, the merchant can require the consumer to either enter a PIN or a signature.

What determines whether customers have to sign or enter their PIN in a store cannot always be proven. With contactless payment, which is increasingly used and where Germany lags behind in the international arena, neither a signature nor a PIN is necessary.