Visa to Mask Credit Card Numbers
From Reuters
Visa USA said it will require merchants that accept Visa payments to display only the last four digits of a card number on receipts in an effort to thwart a surge in financial identity theft.
New terminals that process payment by Visa cards will be outfitted with the information-masking function beginning in July, the company said. Visa wants all merchants accepting Visa card payments to remove the first 12 digits of the card number and its expiration date from receipts by July 2006.
Rival credit card brand MasterCard said it already displays only the last four numbers on receipts.