2002-09-07 / Community

Protection Extended To Debit Cards

Protection Extended To Debit Cards

Assemblywoman Audrey Pheffer, chair of the Assembly Standing Committee on Consumer Affairs and Protection, co-sponsored legislation, A.5973-B, to allow debit card users the same consumer protections provided to credit card users.

Chairwoman Pheffer stated that with the rise in identity theft, it is important to safeguard personal information. "The information being recorded on debit card transaction forms did not have any specific business purpose or use. Limiting the prevalence of personal information, such as addresses and telephone numbers, on transaction forms helps in preventing identity theft and other crimes."

The new law’s list of legal protections includes requiring carbonless forms and prohibiting merchants from requiring cardholders to supply their addresses and telephone numbers on merchandise receipts or paper attached thereto.

"These protections have been afforded to credit card users for years. It is only appropriate that with the increased use of debit cards by consumers, that such protections are extended to debit card transactions," stated Chairwoman Pheffer.

This law will become effective on January 1, 2003.


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