Your POS Software Must Be PCI Compliant
Some of the nation’s top retailers are named as defendants in a lawsuit that claims about 50 retail chains are violating a provision to the Fair and Accurate Credit Transactions Act (FACTA) that makes it illegal for a retailer to print more than the last five digits of the credit or debit card number and they also can’t print the card’s expiration date on the receipt. Most of the phases of the act took effect on December of 2006. A majority of retailers and the POS Software they use are compliant and the consumer has nothing to worry about. If you are a retailer that is using non-compliant POS Software, you need to have this resolved immediately.