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It's not in the statements that you received, it's a reciprocity agreement between retailers and CC companies to share the data by CC # For example, CC compani
by bduerst 8y ago
It's not in the statements that you received, it's a reciprocity agreement between retailers and CC companies to share the data by CC #
For example, CC companies could give you your itemized purchase history for Macy's on your statement, if they wanted to.
- londons_explore 8y agoIt is my understanding that most stores do not share that data, because they feel it is a significant commercial advantage. Credit card companies have wanted itemized transactions for aaages (it's even part of the protocols they use) for fraud prevention, but very few merchants have agreed.
- bduerst 8y agoNot for SMBs, but major retailers share the information keyed of CC# as part of reciprocity agreements, including Amazon.