There are various vendors all around the world who do not abide by federal laws. Such vendors allow criminals to steal credit card information along with the number from receipts. In case, too much information about your card is printed on the receipt, it might be possible for the criminals to get your credit card number easily. In case, an identity thief collects multiple receipts that contain different digits from a credit card number, it might be possible for them to put them together and form an almost complete credit card number. Also, if a receipt shows the card expiration date, the identity thieves can use this information for fraud and unethical transactions too.
However, in order to protect the consumers from various kinds of fraud and theft regarding credit cards, there are laws. FACTA or Fair and Accurate Transactions Act was passed in the year 2003. It was an amendment to the Fair Credit Reporting Act. FACTA regulates the amount of information that can be printed on credit card transaction receipts.
What are the various FACTA rules for credit card receipt printing?
According to the FACTA rules, the vendors cannot print more than the last five digits of your credit card number. In case any other digits of the credit card number are shown, even if they are five in number, the vendor violates the FACTA rules. Some examples of FACTA number printing violations are:
- 2222 11** **** 3333
- **** **** 3333 4444
- **** **** **22 3333
According to the FACTA rules of credit card information printing, a vendor cannot print any information regarding the expiration date of a credit card. The expiration date of credit card is used for the purpose of authenticating online transactions. Some examples of FACTA expiration date violations are:
The rules set by FACTA are upheld using a process known as truncation. The process of truncation replaces the digits from the credit card information with symbols such as # or *. It is done solely for protecting the consumer data from the identity thieves. The symbols used in truncation acts as the placeholders in the credit card number information in the system and also protects the consumer information on the receipts printed by the vendors. The FACTA rules apply for all types of electronic receipt printing along with those printed at retail shops, restaurants and at kiosks. However, the FACTA rules do not apply for the written receipts.
What are you supposed to do if you think your credit card data has been stolen?
In case you feel that your credit card data has been stolen because of a vendor who printed too much of the information about your card, you have two types of issues that you can consider for going forward.
Firstly, if you think that your identity has been stolen already, it is the best time to begin with credit monitoring. Make sure that you report any type of error or issue of theft from your card to the primary credit card bureaus. Be cautious and keep an eye on all the bank accounts that you have for flagging the instances of your identity theft immediately.
Secondly, you can file for a legal lawsuit. If you are mindful enough that your information has been stolen because of excessive information printing on the receipt by the vendor, you can opt for a legal claim. In spite of the fact that the companies and vendors are bound to follow the FACTA rules or guidelines about information printing on receipts, it just takes one vendor to print more than the truncated information for having all our information exposed to the thieves. Before throwing away the printed receipts, make sure that you check only the truncated information is visible on it.
Even if your identity has not been stolen, you can still file legal allegation against a company for printing excessive information on the receipts. Many of the consumers are already taking legal action against various companies.
Did Major League Baseball stadiums violate the FACTA rules or guidelines?
Many of the consumers have alleged that the Dodgers Stadium in Los Angeles along with the other Major League Baseball stadiums all across the country violated the FACTA rules and guidelines. In the year 2018, a man filed a lawsuit against Major League Baseball after his ticket receipt contained his card expiration date along with the last four digits of his card.
In case you think that your identity has been stolen and want to file a lawsuit against a vendor, you can contact Shamis & Gentile, P.A.