HR 6241
Touchless Transactions Act of 2020
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Touchless Transactions Act of 2020 aims to make it easier for consumers to make purchases by allowing businesses to accept transactions initiated by swiping, dipping, or tapping a card without requiring a signature. This legislation modifies the Electronic Fund Transfer Act to remove the requirement for signatures in these ‘touchless’ transactions. The Federal Trade Commission will be responsible for ensuring that businesses comply with this new rule. This change is intended to improve convenience and reduce contact during transactions.
Sponsors
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Primary sponsor
Cosponsors
Alexander X. Mooney
Blaine Luetkemeyer
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