Can you summarize 10 MERS Part 3, Chapter 202-D?

Short Summary

This legal document governs the printing of electronically printed credit card and debit card receipts. It applies to any person, firm, partnership, association, corporation, or limited liability company that accepts credit cards or debit cards for business transactions. The document prohibits printing more than the last 5 digits of the credit card or debit card account number or the expiration date on the receipt provided to the cardholder at the point of sale. However, this restriction does not apply to transactions where the cardholder’s account number is recorded by handwriting or by an imprint or copy of the card. Violation of this section may result in a forfeiture of up to $250 for the first violation and a civil penalty of $1,000 for subsequent violations. The document also provides an exemption from civil prosecution or penalties for violations occurring before January 1, 2005. The effective date of this section is January 1, 2004.

Whom does it apply to?

Any person, firm, partnership, association, corporation, or limited liability company that accepts credit cards or debit cards for business transactions

What does it govern?

Printing of electronically printed credit card and debit card receipts

What are exemptions?

Transactions where the cardholder's account number is recorded by handwriting or by an imprint or copy of the card

What are the Penalties?

Forfeiture of up to $250 for the first violation, civil penalty of $1,000 for subsequent violations

Jurisdiction

Maine

Source

10 MERS Part 3, Chapter 202-D [https://reggi.cloud.regology.com/regulations/US-MERS/US-MERS_T_10_P_3_C_202-D]

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