Congressional Act Protects Online Shoppers

Apparently, shopper’s confidence was so high that some retailers needed to have Congress step in and tell them not to sell-out online consumers.restore-online-shoppers-confidence-act1

According to the FTC, The Restore Online Shopper’s Confidence Act “prohibits any post-transaction third party seller (a seller who markets goods or services online through an initial merchant after a consumer has initiated a transaction with that merchant) from charging any financial account in an Internet transaction unless it has disclosed clearly all material terms of the transaction and obtained the consumer’s express informed consent to the charge.

The seller must obtain the number of the account to be charged directly from the consumer.” (Read PDF of the Restore Online Shopper’s Confidence Act here.)

Read the full 600 word + article here:

Want more free content? Enjoy!
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