Under the Fair and Accurate Credit Transaction Act, the FTC has issued regulations:
A) that credit card receipts may not show more than the last five numbers of a card
B) that credit card receipts must show the expiration date of a card
C) that credit card receipts must show the name of the holder of a card
D) that credit transaction records must be maintained for at least two years
E) all of the other choices

Question

Quizplus · Accepted Answer

The Fair and Accurate Credit Transactions Act (FACTA), part of the federal Fair Credit Reporting Act, includes a provision that limits the amount of information that can be printed on credit card receipts to protect consumers from fraud. Specifically, it mandates that credit card receipts may not show more than the last five digits of the card number, and must not show the card's expiration date. This is to help prevent identity theft and credit card fraud. The other options listed are not requirements under FACTA.