Credit Card Receipt Privacy Lawsuits
investigating consumer class action credit card claims
Credit card fraud and cases of identity theft are every consumer’s nightmare. Yet many businesses still fail to protect consumers with something as basic as credit card receipt privacy protections. In short, companies who conduct credit and debit card transactions are not permitted to print a card expiration date or more five card numbers.
There are legal protections in place for consumers to minimize the data privacy risks of printing credit card information. The Fair and Accurate Credit Transactions Act (FACTA), enacted in 2003, stipulates what a retailer can and cannot legally print on a credit card receipt. Basically, the information printed on a card receipt must not enable someone to piece together the credit or debit card information of an individual.
Companies who violate these laws may be sued, and current class action credit card privacy lawsuits have been filed in recent years. Any consumer may be entitled to money damages based on credit or debit card receipts that have too much printed private information.
Joe Lyon is an experienced data protection and privacy class action attorney with experience handling cases involving financial data theft and data misuse.
Credit Card Privacy Violations
Under FACTA, merchants cannot print entire card numbers on an electronic receipt. Instead, they must truncate card number to protect consumer information. A failure to adhere to the law may result in that merchant being charged with an FACTA violation, and lead to a class action.
FACTA states that a receipt may include no more than the last five digits of a card number, and MAY NOT include the card’s expiration date. In an era with thriving data theft and rife with identity fraud, it is crucial for businesses to protect their clients. Noncompliance can lead to FTC action, and open a company up to civil penalties and injunctive relief.
The law, however, applies only to electronically printed receipts from cash registers, self-service kiosks, and restaurants. But not handwritten or emailed ones. Also, the law only applies to receipts given at the point of sale. Receipts emailed or included inside a package shipped to a home address are not bound by the same FACTA requirements.
Consumer Protection Litigation
Why are these cases important?
Without privacy class actions, large corporate defendants would be able to cause small amounts of harm over a large group of individuals without any risk of monetary penalty. Consumers have a right to privacy, and expect merchants to protect their credit card information.
Your Right to Justice
The Process: Filing Class Actions
Filing Class Action lawsuits is a complex and serious legal course and can carry monetary sanctions if proper legal course is not followed. The Lyon Firm is dedicated to assisting injured plaintiffs work toward a financial solution to assist in compensating for medical expenses or other damages sustained.
We work with law firms across the country to provide the most resources possible and to build your case into a valuable settlement. The current legal environment is favorable for consumers involved in data misuse, data breach class actions, deceptive marketing lawsuits, TCPA telemarketing claims, and financial negligence claims.
