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New Credit Card Legislation in Australia

OzJohnno

I only bring this subject up here because on another travel site I found that Americans are totally unaware that from August 1st 2014 in Australian signatures will not be accepted by retailers for credit card purchases.

The problem for American tourists after August 1st will not be whether their CC is a chip or swipe but whether or not they have a 4 digit pin number. After August 1st no retailer in Australia will be able to accept a signature. This new law was put in place to try and eliminate credit card fraud not to pick on Americans. Most of Europe also now require pins and some retailers will not accept a signature.

The world is changing and to enjoy your next overseas holiday you too will have to change the way you use your credit card.

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