Ever wonder why some receipts show all of the digits of your credit card number? Ellen Roseman explains.
Credit Card Numbers on Receipts
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Rob:
It’s a requirement under federal law. Merchants with older equipment had a sunset provision which is coming up on deadline. Most merchants have equipment that is newer that 1-1-2005 and they have to comply now. FACTA is an amendment to the Fair Credit Reporting Act. The statutory cite is: 15 U.S.C. §1681c.
Carol Shepherd, Attorney
http://arborlaw.com/blog/
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