This important alert shares how to make a Magento Shopping Cart FACTA Compliant, with web coding provided:
http://creatuity.com/blog/2009/03/02/default-magento-template-not-facta-compliant/
What is FACTA Compliance?
FACTA Compliance is a U.S. law passed in 2003, that says Merchants can not print the expiration date of a credit card on a receipt. It is a positive effort to help deter credit card fraud.
How is a 2003 Law Having Such Impact Today?
Many e-shopping carts are programmed by Germans (German’s make good engineers!). The shopping carts are also geared towards Merchants world-wide. Therefore, even new cutting-edge shopping carts like Magento Commerce (www.MagentoCommerce.com) fall short for their U.S.-based merchants and require programmers to customize the code to make the Merchant’s website FACTA Compliant.
The current drawback to FACTA Compliance?
While it is great in consumer protection, it means there are a lot of old credit card processing systems and online e-commerce shopping carts pre-programmed to print a customer’s credit card expiration date. This means for Merchants to be FACTA compliant, they may have to revamp their shopping carts. The above link is a resource for the fix with Magento Shopping Cart. We have excellent PCI Compliance experience and our sister business is an e-commerce Web Design company– we are happy to help Merchants adjust to PCI Compliance and FACTA Compliance!