MANAGEMENT

Detailed explanation-1: -On the back of your credit card, you will find a white, blank strip. This is the signature bar of your credit card. To sign, use a felt-tipped pen.

Detailed explanation-2: -So, while chip and PIN have given your debit card use an additional level of security and contactless payments have sped up their use, a signature on the back your debit card is still vital.

Detailed explanation-3: -None of the major credit card payment networks-Visa, Mastercard, American Express or Discover-requires you to sign for purchases. But individual retailers are free to require signatures, and technically speaking, an unsigned card might be considered invalid. So go ahead and sign.

Detailed explanation-4: -The signature panel code (SPC) is a security code printed on your card. It’s used in connection with your card number and expiration date when making certain transactions. The code is three digits long and found on the signature strip on the back of the card.

Detailed explanation-5: -A bank signature card is a record maintained by financial services institutions to verify a customer’s signature. This document is signed by the account holder when an account is opened and by new account holders when they are added to the account.