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Can I collect PayPal information from participants in Indiana? What are the requirements?

Collecting PayPal Information from Participants in Indiana

If you are collecting PayPal information from participants in Indiana, you must comply with state and federal laws regarding the collection and protection of personal information.

According to the Indiana Department of Natural Resources, personal information collected by the Indiana DNR will not be disclosed except as required by state or federal law. All Social Security numbers and/or credit card numbers are treated as secured data. The DNR does not maintain credit card numbers on file [1].

Additionally, the Equifax Data Breach Settlement administered by the Federal Trade Commission requires legitimate emails about the settlement to come from Equifax Breach Settlement Administrator . This is to protect individuals from phishing scams and other fraudulent activities [2].

It is important to note that the Indiana Department of Revenue began enforcing Indiana’s economic nexus law on October 1, 2018. Sellers that do not have physical presence in Indiana are not responsible for collecting [3].

Requirements for Collecting PayPal Information

There are several requirements for collecting PayPal information from participants in Indiana. These include:

  • Complying with state and federal laws regarding the collection and protection of personal information
  • Ensuring that all personal information is treated as secured data
  • Not maintaining credit card numbers on file
  • Only sending legitimate emails about the collection of personal information
  • Complying with Indiana’s economic nexus law if applicable [1][2][3]

It is important to consult with legal counsel to ensure that you are complying with all relevant laws and regulations when collecting PayPal information from participants in Indiana.

If you have any further questions or concerns, please do not hesitate to contact us.

Source(s):
Jurisdiction

Indiana