Requires subscription service provider to delete consumer payment information after cancellation of subscription service.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This New Jersey law aims to protect consumers’ financial information by requiring subscription-based service providers to automatically delete any stored payment details once a customer cancels their subscription. Currently, many companies retain payment information even after a user has stopped paying for a service, potentially increasing the risk of fraud and identity theft. The bill ensures that consumers have control over their data and reduces the potential for misuse by service providers. It establishes a clear process for data deletion following subscription termination.
Bill text
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Sponsors
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3 on record
Primary sponsors
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