MyPaper, 8 Sep 2014
Beware of shops swiping your credit card twice, IRENE THAM
Known in the industry as “double-swiping”, the second quick swipe of consumers’ credit cards is typically done after credit card transactions have been approved.
Merchants do this to record the mode of payment for accounting purposes, and to collect card holders’ personal data for marketing purposes such as loyalty programmes.
Today, however, new data protection legislation allows consumers to make a report against rogue merchants.
The Personal Data Protection Act was fully implemented on July 2 to safeguard consumers against the wrongful collection, use and disclosure of personal data for marketing.
Organisations found in breach of the Act could face a fine of up to $1 million.