Press Release

June 28, 2007 Final rule excepting transactions of $15 or less from requirement that receipts be made available to consumers for transactions at electronic terminals, Regulation E For immediate release Share The Federal Reserve Board on Thursday announced its approval of a final rule to create an exception for transactions of $15 or less from Regulation E's requirement that receipts be made available to consumers for transactions initiated at an electronic terminal. Regulation E implements the Electronic Fund Transfer Act. The rule is intended to facilitate the ability of consumers to use debit cards in retail environments where making receipts available may not be practical or cost effective. The effective date of the final rule is thirty days from the date of publication in the Federal Register, which is expected shortly. The Federal Register notice is attached. Federal Register Notice 66 KB PDF | TEXT

Federal Reserve (2007, June 27). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20070628_final_rule_excepting_transactions_of_15_or_less

@misc{wtfs_press_release_20070628_final_rule_excepting_transactions_of_15_or_less,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2007},
  month = {Jun},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20070628_final_rule_excepting_transactions_of_15_or_less},
  note = {Retrieved via When the Fed Speaks corpus}
}