CommunityDispatch.com
Community News and Information

Contact Us | Submit News |About Us| Subscribe | Home Page
Custom Search


search
For More Current News, Click Here

Search








Identity Theft
RSS Feed RSS Feed
Last Updated: May 31, 2008 - 8:42:48 AM

                                                                                                                              

Don't Print Full Credit and Debit Card Numbers on Customers' Purchase Receipts: FTC Reminds Businesses


By Federal Trade Commission (FTC)


Dec 14, 2007 - 10:55:19 AM


 

 

 

FTC Reminds Businesses: Don’t Print Full Credit and Debit Card Numbers on Customers’ Purchase Receipts

As merchants get busier with holiday shopping, the Federal Trade Commission reminds them to be sure the credit and debit card receipts they give customers comply with federal law.

To reduce the risk of fraud and identity theft, the electronically printed credit and debit card receipts given to consumers must not include more than the last five digits of the card number, and must not show the expiration date.

“The law applies to all businesses that accept credit or debit cards. Whether you are the corner store or a national chain, you need to make sure that your electronic receipts comply with the law,” said Thomas A. Cohn, Director of the FTC’s Northeast Region. “Credit and debit card numbers, along with expiration dates, can be used by fraudsters and identity thieves.”

To help make merchants aware of their responsibility to truncate this information, the Commission’s regional offices led a nationwide campaign that included sending the FTC’s Business Alert, “Slip Showing?” to 187 national trade associations. The alert also is available on the FTC’s Web site www.ftc.gov . Merchants who fail to comply with the law could face FTC law enforcement action, including civil penalties of up to $2,500 per violation.

The FTC works for the consumer to prevent fraudulent, deceptive, and unfair business practices and to provide information to help spot, stop, and avoid them. To file a complaint in English or Spanish, click http://www.ftc.gov/ftc/complaint.shtm or call 1-877-382-4357. The FTC enters Internet, telemarketing, identity theft, and other fraud-related complaints into Consumer Sentinel, a secure, online database available to more than 1,600 civil and criminal law enforcement agencies in the U.S. and abroad. For free information on a variety of consumer topics, click http://ftc.gov/bcp/consumer.shtm .

MEDIA CONTACT:
Frank Dorman
Office of Public Affairs
202-326-2674
STAFF CONTACTS:
Thomas A. Cohn and Michele Stolls
FTC Northeast Region
212-607-2829
Katherine Armstrong
Bureau of Consumer Protection
202-326-3250
 



Identity Theft
Latest Headlines


Identity Theft: Red Flag regulations Require Financial Institutions and Creditors to Have Identity Theft Prevention Programs
Tax Scam: State Taxpayers Warned of Email Scam
Online Account Intrusion: SEC Takes Action to Halt Online Account Intrusion and Identity Theft Scheme
Student Identity Theft:What is it and how can you avoid it?
FTC Cautions Consumers About Tax and Rebate Scams
More scam phone calls are targeting Empire Bank customers, others in southwest Missouri, Nixon warns
Internet Thieves and Electronic Scams: Don't Be an On-line Victim: How to Guard Against Internet Thieves and Electronic Scams
Cyber Safe California Summit 2008 - March 4

identity theft, id scam,identity theft, identity protection theft, identity prevent theft, identity prevention theft