An Act relative to ATM receipts
Massachusetts bill mandates ATM operators provide transaction receipts to customers to enhance financial transparency and fraud detection.
Massachusetts bill mandates ATM operators provide transaction receipts to customers to enhance financial transparency and fraud detection.
HD 363 requires ATM operators to provide transaction receipts to customers and establish standards for receipt formatting and information display. The bill aims to improve financial transparency and help customers monitor their accounts for unauthorized transactions or errors.
ATM receipts serve as immediate proof of transaction and help customers catch fraudulent activity quickly. Without receipts, customers may not notice unauthorized withdrawals until they review statements later, potentially delaying fraud reporting and resolution.
Compiled from official sources — confirm details with the bill’s official record.
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