Do your receipts still display the customer's full credit card number? If so, switch to an updated system or you'll risk violating a new law.
You still have at least a year to update your cash registers or other receipt-printing devices, but it's smart to start now.
Here's the deal: On Dec. 4, President Bush signed a bill that renews and alters the(FCRA). It requires that business receipts display no more than the last five digits of credit card and debit card numbers and no more than the first five digits of Social Security numbers.
You can either truncate the numbers or black them out. Receipts cannot show card expiration dates.
Cash registers and other machines in use before Jan. 1, 2005, must comply with the law within three years. Machines put in service after Jan. 1, 2005, have a year to adopt the standards.
Technically, the law doesn't apply to transactions in which an imprint, copy or handwriting is the sole means of recording a card number. But if you still handle credit transactions one of those old-fashioned ways, you'd be wise to switch to machine-generated receipts to avoid identity theft accusations.
- How to Fire an Employee the Legal Way: 6 Termination Guidelines
- Worker's criminal past won't immediately get discrimination case tossed
- Georgia CEO says immigration bill doesn't equal amnesty
- San Francisco's Fair Chance law limits criminal background checks
- Survive EEOC crackdown on background checks, leave policies