02/02/2012 07:00:00 PM EST
Reminder to Merchants: Your Receipts Must Truncate Credit and Debit Card Numbers as well as Expiration Dates
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Banking & Financial services Articles on Martindale.com
The Fair and Accurate Credit Transactions Act (FACTA), a federal statute that became effective six years ago, continues to fuel class action lawsuits against merchants. Under the statute, merchants are responsible for truncating the credit card number
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