Point of Sale (POS) Glossary
A card signature threshold is an amount a transaction must exceed to trigger requiring a customer to sign for a transaction. Amounts under the threshold would not need a signature. Visa, Mastercard, Discover, and American Express all ended their requirements for signatures at point of sale terminals in the United States in 2018.
Customers appreciate checking out more quickly without a signature, and it also helps to reduce contact that could spread disease. Since many cards are now NFC (near-field communication) enabled, requiring a signature would reduce that technology’s convenience.
Outside of the U.S., there are still some requirements for signatures, and a U.S. merchant may also decide to require signatures at their business. If a merchant chooses to enable a card signature threshold in their POS system, they may set it at whatever amount they want.
It was great meeting all Adobe Magento industry professionals that attended Magento Meet Florida. The event was planned perfectly from sessions to solutions.
This year we decided to attend Meet Magento in Miami, FL from Feb 15th-16th, 2023. It's a great opportunity for us to visit with some of our existing customers, and future partners.