Fair Credit Reporting: 10.7.8.6 Preemption by Provision Relating to Those Accepting Credit or Debit Cards
Section 1681t(b)(5) refers to section 1681c(g), that requires conduct of those accepting credit or debit cards, and that thus preempts state laws that regulate the same conduct. The provision requires the business to print out no more than the last five digits of the account number. A number of states enacted similar legislation,581 with remedies ranging from deceptive trade practices act actions to criminal penalties.