Originally Posted by SRQ Guy
No, it doesn't. The 4th amendment restricts the power of the US Government (and by extension the states, according to the USSC) to search you without your consent to those times when they can get a warrant from a judge. It doesn't restrict businesses from ascertaining that you are who you say you are to protect themselves from fraud.
Yeah--it does. Just as my right to free speech cannot be infringed upon niether both you nor the government.
Originally Posted by are8
I never realized the rules against requesting ID. I wish it was a rule to show it, and I love the movement of putting your pic on the card. I have had so many fruads with my cards that could have been prevented...
Me too! I love the idea of having a digital representation of my appearence, over which I have no control, stored in a bank's database!
Originally Posted by 21A
My understanding is that for card-present transactions (retail/in-person), the merchant is not liable for any loss from fraud, unless a procedure was not followed (e.g. in a transaction where a signature was requested, the signature wasn't checked properly)
Yeah--I think it goes like this:
- Signature panel signed prior to sale
- Signature panel matches signature on sales slip
- Expiration date checked/not expired
- Authorization code received (or transaction size below floor limit)
No need to inconvenience (or annoy) your customers if you follow this procedure! Easy as cake! Piece of pie!