Credit and debit cards users can still sign till next year


Debt-trimental: Data shows many are failing behind on payments.-The Straits Times/Asia News Network

PETALING JAYA: All signature-verified credit and debit cards must be replaced by the end of 2016, but users will still be able to sign on purchases until July 1, 2017.

“This is to enable credit users to familiarise themselves with the new system,” said Paul Brisk, founding director of payment system consultants Cotignac.

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