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RiverCity.45 wrote:As a condition of a vendor's contract with the credit card companies, they have to agree to verity that the identity of the person presenting the card matches the name on the card.

Citation please?

pbwalker wrote:

RiverCity.45 wrote:As a condition of a vendor's contract with the credit card companies, they have to agree to verity that the identity of the person presenting the card matches the name on the card.

Citation please?

I'm a business owner that takes credit cards. It's in the contract I signed and part of the fraud prevention training the merchant account company provided.

One of the requirements:
"Always compare the cardholder's signature to the signature on the back of the card. If the signature panel is blank, have the cardholder sign it. If the cardholder refuses, you should request another form of payment."

And from training:
"Unsigned cards:...check the cardholder's ID...such as driver's license...."
"Ask the customer to sign the card...Compare the signature on the card to the signature on the ID."

Training also urges businesses to hold the card during the transaction, scrutinize the embossed numbers, and verify the info on the printed receipt matches the info on the card. One reason some retailers will ask for your card and then enter the last four digits from the card into the register is to verify it matches the data contained on the magnetic strip. Fraudsters often will change the magnetic info and an inattentive merchant would not notice that the card number/name on the receipt doesn't match the info embossed on the card.

As for chargebacks putting the merchant's ability to accept cards at risk, from the training:
"Chargeback ratio. A merchant account that accumulates too many chargebacks may be shut down by the provider, regardless of whether the chargebacks are won or lost. In the case of Visa and MasterCard, merchants are required to maintain a chargeback ratio no greater than 2 percent of all transactions. A provider may see the high number of chargebacks as an indication that the goods and services being sold are not the same as those declared on the merchant service agreement."

Visa and MC are the lifeblood of merchants who take credit cards. This risk of losing the ability to accept credit cards often figures prominently in merchants' policies regarding verification of identity.

A merchant's ability to accept your credit cards requires merchants to do so in a way that minimizes the merchant's and the issuer's risk.

The wording in your first post is a bit misleading:
"As a condition of a vendor's contract with the credit card companies, they have to agree to verity that the identity of the person presenting the card matches the name on the card." suggested that you're required by your merchant service to check ID, when this is clearly not the case. You can compare signatures and enter the CVV (if supported), but requiring photo ID to complete a transaction is considered a violation of the Visa and MasterCard (5.8.4 Additional Cardholder Identification) policies.

RiverCity.45 wrote:As a condition of a vendor's contract with the credit card companies, they have to agree to verity that the identity of the person presenting the card matches the name on the card. They're not doing this to irritate you. They are doing it to prevent charge-backs, which, if a company has too many, can lead the credit card company to terminate their business arrangement.
The best solution is a card with your photo on it.

There really aren't boogie men hiding behind every bush.

I don't understand what this has to do with the store checking receipts after the transaction is complete.

There are several reasons for checking the receipts. 1. To insure that the cashier checked everything. Cashiers have been known to do favors for family members, friends, etc. or maybe just overlooked something. 2. If you checked out at a remote register. People have been known to add to their shopping bag while going to the front door to exit. 3. People do use old receipts to go into a store and pick up another of the same item and walk out with it on the receipt they brought in, which equals 2 for the price of one. I have seen that with TV's and other items. 4. People will walk into a store with a receipt, go and pick up a higher value item on the reciept from the shelf and take it to the return desk for their money back.

The instances are numerous and if you have worked retail there is something new every day. Its not that they think you are dishonest, you have heard of one bad apple in the barrel. The way the laws are on profiling, etc., they have to check most everyone.

from going to frys way too much....they are really only checking the total number of items match the reciept and whats in your possesion. Once i was rung up for 3 items. 1 of which was scanned twice being the cheaper of the 3. I didnt notice until i got out to the car. so they lost about 18 dollars. I decided to go in and have them fix it and they basically couldnt understand someone would be honest and come back in. the attitude i got was that i was wasting their time.


next time if the bill is wrong in my favor i wont be going back in to have it fixed with frys.

as far as walmart checking reciepts?i have never been stopped.i bought some big stuff through the site to store thing to avoid shipping charges. they even gave me a large heavy duty cart to take a few things out with. I walked right out the front door and no one questioned anything.

I don't belong to any warehouse "clubs" as I refuse to pay a fee for the pleasure of spending my money at an establishment (although I will avail myself of the free one-day passes that are published in print and on-line from time to time), so a clubhouse's membership rules matter not to me.

At other establishments that I do tend to frequent with some regularity that will, on occasion, have receipt checkers standing by, I merely make eye contact, smile, and continue on my merry way, much as I do in most situations.

Pacifist wrote:I don't belong to any warehouse "clubs" as I refuse to pay a fee for the pleasure of spending my money at an establishment (although I will avail myself of the free one-day passes that are published in print and on-line from time to time), so a clubhouse's membership rules matter not to me.

At other establishments that I do tend to frequent with some regularity that will, on occasion, have receipt checkers standing by, I merely make eye contact, smile, and continue on my merry way, much as I do in most situations.

That's pretty agressive for a pacifist.

Pacifist wrote: I refuse to pay a fee for the pleasure of spending my money at an establishment

No gun shows for you.

tbrown wrote:

Pacifist wrote: I refuse to pay a fee for the pleasure of spending my money at an establishment

No gun shows for you.

I classify gun shows as entertainment, making the parting of me and my money somewhat more palatable.

tbrown wrote:

Pacifist wrote: I refuse to pay a fee for the pleasure of spending my money at an establishment

No gun shows for you.

The 30.06 signs are enough to send me and my money somewhere else.