is there a law......(RE credit cards)

Lithium381

Lifer
May 12, 2001
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Which was the law(i think i heard about this) where vendors are not allowed to print your full card number on the receipt? Most places don't, but one i just went to had my full number......i go there maybe once a month, but have always paid cash...
 

Hammer

Lifer
Oct 19, 2001
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recent one i think. it was in the news a few months back. it was passed to help reduce identity theft. im not sure its in effect yet though.
 

Kelemvor

Lifer
May 23, 2002
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I didn't hear it was a law... Most people do it that way because it's common sense tha tyou don't want your credit card number on a receipt that can get easily lost.
 

zixxer

Diamond Member
Jul 6, 2001
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I scratch it off if it's automatically printed, and won't allow places like radio shack to make a copy with their machine.
 

ggavinmoss

Diamond Member
Apr 20, 2001
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Is there any legitimate reason that they would need the full credit card number + name + expiration date spelled out on the receipt?

-geoff
 

Lithium381

Lifer
May 12, 2001
12,452
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Originally posted by: FrankyJunior
I didn't hear it was a law... Most people do it that way because it's common sense that you don't want your credit card number on a receipt that can get easily lost.


sorry, common sense isn't something that is so common anymore.....


they dont' need it on the receipt, it's stored in the machine, if they have a problem they can call their service provider...

 
Feb 10, 2000
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Yeah, this always makes me uncomfortable. I think it's funny that newbies are so afraid of sending their CC#s over 128-bit encryption on the Internet, but have no discomfort handing them to strange waiters or retail clerks, who are often paid little and might be new hires.
 
Jul 1, 2000
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Originally posted by: Don_Vito
Yeah, this always makes me uncomfortable. I think it's funny that newbies are so afraid of sending their CC#s over 128-bit encryption on the Internet, but have no discomfort handing them to strange waiters or retail clerks, who are often paid little and might be new hires.

The great majority of CC fraud occurs in connection to a B&M purchase. Internet CC fraud is much smaller by comparison, but blown completely out proportion by idiots in the media.
 

NogginBoink

Diamond Member
Feb 17, 2002
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To the best of my knowledge there is no such (federal) law.

There may be state laws to that effect. Check California as a first guess.
 

Ness

Diamond Member
Jul 10, 2002
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I've gotten in the habit of scratching out the numbers on receipts before I sign them, but what's to stop some jackass employee from printing out a copy of the receipt once you walk away and pocketing it?
 

rahvin

Elite Member
Oct 10, 1999
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Originally posted by: DevilsAdvocate
Originally posted by: Don_Vito
Yeah, this always makes me uncomfortable. I think it's funny that newbies are so afraid of sending their CC#s over 128-bit encryption on the Internet, but have no discomfort handing them to strange waiters or retail clerks, who are often paid little and might be new hires.

The great majority of CC fraud occurs in connection to a B&M purchase. Internet CC fraud is much smaller by comparison, but blown completely out proportion by idiots in the media.

With all due respect the credit card companies disagree. Fee as a % of transaction is a direct reflection of the amount of fraud that occurs with each type of transaction. Last I looked B&M where they handle the card is 1.67%, telephone and catalog orders are 2.4% and internet transactions are close to 3%. (these are off the top of my head but I distinctly remember internet transaction were a percentage higher than other transactions) This is a direct display of the amount of fraud (per transaction) that occurs with each transaction type.