What is the maximum number of digits from an account number that can be printed on an electronic receipt?

Prepare for the Fair Credit Reporting Act (FCRA) Test with targeted questions and explanations. Hone your understanding of FCRA regulations and principles. Ace your exam confidently!

The Fair and Accurate Credit Transactions Act (FACTA), which amended the Fair Credit Reporting Act (FCRA), specifies the details regarding the display of card account numbers on receipts. According to FACTA regulations, electronic receipts may only display the last four digits of an account number. The intention behind this regulation is to enhance consumer protection and reduce the risk of identity theft by limiting the information available on receipts that could be misused.

When considering the choices provided, the option that correctly states the maximum number of digits from an account number that can be printed on an electronic receipt is, therefore, only four. The presence of any other number of digits as an option (5, 6, or 7) does not align with the protections stipulated under the relevant consumer protection laws. Thus, the maximum allowable number of digits is four, which is critical for ensuring consumer privacy and security.

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