really, this should all be trip-report material

[waider]

but I'm waiting on an email and itchy to write stuff. Credit card use here is astonishing, and may in fact account for the priciness of things (if you have to factor in a transaction cost on everything you sell, it's going to add a few points). It is not uncommon for someone to buy a hot dog (approx $3.50) using their credit card. I've gotten into the swing of it myself, buying a beer ($8, more expensive than when I got here due to a shift in currency rates) on plastic because frankly I couldn't be bothered playing with the coins and notes. I'm sure my signature gets progressively more interesting as the night goes on. Speaking of, I've not quite figured out the circumstances under which a signature is required. I've bought $20 meals with no signature, yet every single beer has required my scrawl on the line. I used know something about this, since I spent a year working in the credit card industry, but I can't really make sense of it - it doesn't seem to be split by merchant (which was my expectation) nor by product nor by amount, although ultimately that last is what usually triggers the more serious credit checks (signature, ID, etc.) I'll just shrug and keep signing.

Comments

[waidesworld.livejournal.com]

I remember vaguely someone saying something to me recently that if the CC amount was less than $10 then they didn't require a signature, yet I have bought from the internet several thousand dollars worth of hardware (so the company had bad credit and I used an Amex) without signing the screen.

Question is though, why didn't you keep a tab?

[waider.livejournal.com]

The "no signature" threshold amount usually varies with the type of card, the merchant, and a whole bunch of other crap. Buying off the internet is classed as a cardholder-not-present purchase and runs on a completely different set of rules (and attendant fraud handling).

[waider.livejournal.com]

Oh, and I didn't keep a tab most of the time on account of the "just one more beer" syndrome.