[freeside] 5 digit credit cards -- federal law

[Gerald V. Livingston II]

On Tue, 09 Nov 2004 12:30:48 -0800 Randall Lucas <rlucas at tercent.com> wrote:

> FYI - Apparently, a new US Federal law has been passed requiring showing 
> no more than the last 5 digits of a credit card number on a "receipt" 
> for any equipment put into service after January 2005, and all equipment 
> by January 2006.
> 
> The act is the Fair and Accurate Credit Transactions Act of 2003.
> 
> Randall
> 


Visa already made maximum 4 digit display and post charge transmission a
requirement for online merchants (last year some time). Authorize.Net
shifted their systems already. CC numbers have to be captured on site for
local billing systems because Auth.net will not transmit either the
complete CC# or the expiration date -- even for successful transactions. 

Gerald