Restore Online Shoppers? Confidence Act - GoFuckYourself.com

maxjohan · 01-04-2011, 02:31 PM

Restore Online Shoppers’ Confidence Act.

http://www.shoemoney.com/2011/01/03/...ome-criminals/

This is HUGE if true. (Don't know if this has been posted yet.)

* The bill expressly prohibits data transfer of any consumer financial information for the purpose of billing a 3rd party transaction. For post-transaction upsells, billing information has to be re-collected. Ouch.
* The bill requires material terms of all negative option offers to be disclosed prior to the collection of consumer billing information.
* The bill includes references to credit, debit, AND bank account information (meaning that the ACH and check 21 billers in the industry are no longer off the hook.)

woj · 01-04-2011, 02:56 PM

When you do an upsell or rebill with 3rd party biller like for example ccbill, data isn't "transferred" it just gets billed again...

so what makes this so "HUGE"?

mekent · 01-04-2011, 04:37 PM

It seems to be true...

http://politics.nytimes.com/congress/bills/111/s3386

SykkBoy · 01-04-2011, 06:23 PM

This isn't actually that big of a deal...it does put a crimp in cross sales, but we knew the time for that was kind of short...it's all about passing data to a 3rd party. This doesn't mean you can't have upsells. You just can't pass the credit card number, etc. Those have to be manually put in again. It doesn't affect stored card numbers, one-click checkouts or whatever amazing has.

Is it going to affect some companies more than others? Sure, but overall, it might be a good thing for the industry.

Puremeds-J · 01-04-2011, 06:30 PM

Yeah nothing major here unless you were doing something wrong in the first place.

01-04-2011, 02:31 PM	#1
maxjohan Confirmed User Join Date: Dec 2002 Location: Sweden Posts: 7,219	Restore Online Shoppers? Confidence Act Restore Online Shoppers’ Confidence Act. http://www.shoemoney.com/2011/01/03/...ome-criminals/ This is HUGE if true. (Don't know if this has been posted yet.) * The bill expressly prohibits data transfer of any consumer financial information for the purpose of billing a 3rd party transaction. For post-transaction upsells, billing information has to be re-collected. Ouch. * The bill requires material terms of all negative option offers to be disclosed prior to the collection of consumer billing information. * The bill includes references to credit, debit, AND bank account information (meaning that the ACH and check 21 billers in the industry are no longer off the hook.) __________________ I went from 100 to 313,000 satoshis in 2 days! Lots of daily freerolls...

01-04-2011, 02:56 PM	#2
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	When you do an upsell or rebill with 3rd party biller like for example ccbill, data isn't "transferred" it just gets billed again... so what makes this so "HUGE"? __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

01-04-2011, 06:23 PM	#4
SykkBoy Jesus loves bacon Industry Role: Join Date: Feb 2001 Location: Sin City, Motherfucker Posts: 19,969	This isn't actually that big of a deal...it does put a crimp in cross sales, but we knew the time for that was kind of short...it's all about passing data to a 3rd party. This doesn't mean you can't have upsells. You just can't pass the credit card number, etc. Those have to be manually put in again. It doesn't affect stored card numbers, one-click checkouts or whatever amazing has. Is it going to affect some companies more than others? Sure, but overall, it might be a good thing for the industry. __________________ Support my new movie “The Second Coming”

01-04-2011, 06:30 PM	#5
Puremeds-J Confirmed User Join Date: Sep 2008 Location: The Mountains of Washington State Posts: 939	Yeah nothing major here unless you were doing something wrong in the first place. __________________ BiWeekly Payouts with no delay! - Now on NATS - $30 Per Trial - Check, Wire, Paxum! WE GOT AFRICAN MANGO! - Check out our New Reality Tour for CXPILL!

01-04-2011, 04:37 PM	#3
mekent Registered User Join Date: May 2006 Posts: 55	It seems to be true... http://politics.nytimes.com/congress/bills/111/s3386