7th Circuit Rules That Electronic Confirmations of Internet Transactions are not Actionable Under FACTA


FACTA - the Fair and Accurate Credit Transactions Act - regulates the information that may be displayed on electronically printed credit and debit card receipts provided at the point of sale or transaction. Numerous putative class action complaints attempted to extend FACTA's proscriptions (no more than 5 digits and no expiration date) to electronic confirmations of internet transactions. Courts thoughout the country reached different conclusions as to whether an e-confirmation of an on-line transaction was a printed receipt actionable under FACTA. Ultimately, the Seventh Circuit took up the issue in the 1-800 Contacts case and decided an e-confirmation was not printed within the meaning of FACTA. The Court thus affirmed the trial court's decision to dismiss the Complaint.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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