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Because if you did not sign, there is no written contract for that transaction, so there is far less of a case that the charge is valid. Regardless of what the signature looks like, you are liable if it was you (or someone you authorized) who signed and you are not liable otherwise. You are even liable if you charged for the transaction but did not sign - there is just no written, signed contract, so you are presumed not to have agreed to the charge.

None of the above is legal advice as IANAL, however I do believe it is correct.

Do you really think a merchant can verify those electronic scribbles on a tiny, crappy pen input device? No. Any mark made by you with the intent to sign is a legal signature.

Read more here:

http://www.npr.org/templates/story/story.php?storyId=9227832...



You are entirely correct. The difference between online payments and any POS transaction can be summed up in three words, 'card not present'.

3DS attempts to create a 'cardholder present' situation, hence the shift of liability.


Did you think I was arguing a smiley face is not a valid signature?




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