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Paying with a card: a look at the back of the receipt reveals more 

2021-06-23T22:11:41.509Z


Those who pay with the EC card often have to sign the receipt. What is attached to this signature is usually on the back of the slip of paper.


Those who pay with the EC card often have to sign the receipt.

What is attached to this signature is usually on the back of the slip of paper.

Munich - Whether a practical overview or annoying additional paper: after paying, receipts are often neglected somewhere in order to pack the last purchases from the belt as quickly as possible and to make space at the checkout for the next customer.

On arrival at home, the bills are either disposed of or, for example, kept for an overview of expenses.

If the note does not end up in the garbage immediately, however, only one side is usually examined more closely: The front, on which the goods are labeled with the prices paid and VAT.

Card payment with signature: Dealer can ask for name and address

But especially for people who like to travel without cash and, for example, pay with an EC card, it should be interesting to take a look at the back of the receipt after shopping: Here is a list of what the customer agrees to when he confirms his payment with a signature.

When paying with a signature, the retailer does not check on site whether there is enough money on the account that is to be debited.

In contrast to the dial-in procedure with a card PIN, he must ensure that he can hold the customer accountable in case of doubt.

With their signature, customers accordingly agree, for example, that the retailer can receive their name and address from the respective bank upon request if the payment does not take place as planned.

Receipt from the back: lock file and data protection information

In some markets, the additional information on the back of the receipt is limited to a few lines, in others numerous points are listed - which hardly anyone reads during the payment process.

This can also include, for example, that retailers can save problems with direct debit in a file until the matter has been resolved - and during this time they can block payments by card and signature in their branches.

In addition to the agreements on the direct debit mandate, which is issued with a signature when paying, data protection information can often be found on the receipt.

These can also be of interest to customers: What information is actually saved when paying with a card?

For example, in addition to the account number and bank code, the location of the card terminal or the card's expiry date can also be recorded.

So if you want to know what your signature confirms and reveals when paying with your card, you should carefully read the back of the receipt - and be aware of what you are consenting to the next time you pay in the supermarket.

(eu)

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Source: merkur

All life articles on 2021-06-23

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