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Wednesday, October 6, 2010

Recent Case Clarifies Payment Card Protection Requirements for Merchants

A recent case from the United States Court of Appeals for the Seventh Circuit clarified merchants' obligations to protect credit and debit card information under the Fair and Accurate Credit Transactions Act of 2003 ("FACTA"). The case, Shlahtichman v. 1-800 Contacts, Inc., No. 09 4073 (7th Cir. Aug. 10, 2010), held that FACTA, which prohibits the printing of certain payment card information on receipts, did not apply to email confirmations. The case illustrates the potentially serious risks merchants face for seemingly minor errors when handling credit and debit card information.  For more click on http://images.jw.com/ealert/technology/2010/1005sm.html

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