In an effort to combat identity theft and help ensure that sensitive information does not end up in the wrong hands, the Knesset Economics Committee on Tuesday proposed a new law limiting information that appears on customer credit card receipts to just the first or last four digits of the purchaser's card number. Today, approximately 40 percent of supermarkets and retailers print receipts that display the entire credit card number.
"The main reason we moved to introduce such a law in the Knesset is because it is important that personal information isn't given away and used to steal with," said MK Robert Ilatov (Israel Beitenu) who, along with MK Yosef Shagal (Israel Beitenu), co-authored the law. "We have the technology in this country to make it possible for all places of business to install the right software for this." For the full article, click on the link below...
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