Leaders Merchant Services, merchant account company and credit card service provider, encourages its merchants to learn the Visa and MasterCard Association rules and regulations, as well as their state legislation rules and regulations as it pertains to their merchant accounts.  All merchants must follow the compliance guidelines in relation to credit card transaction receipts.  The card Associations, as well as legislation in some states, require that the credit card number be masked so that only the last four digits appear on the receipt provided to the customer.  This is known as "PAN Truncation."  Legislation in some states also requires the expiration date on the customer's receipt to be masked.  In addition, legislation in some states requires that the merchant's copy of the receipt also follow masking requirements of the credit card number and/or the expiration date.  It is the merchant's responsibility to contact their state legislature to find out if the additional truncation laws apply in their state. Distinguished merchant account provider, Leaders Merchant Services, offers swift and safe credit card processing and reminds all merchants to practice security for the state legislature, the merchants, and their customers on all credit card transactions.

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