§ 8403. Negative option marketing on the Internet

§ 8403. Negative option marketing on the Internet

(1) provides text that clearly and conspicuously discloses all material terms of the transaction before obtaining the consumer’s billing information;

(2) obtains a consumer’s express informed consent before charging the consumer’s credit card, debit card, bank account, or other financial account for products or services through such transaction; and

(3) provides simple mechanisms for a consumer to stop recurring charges from being placed on the consumer’s credit card, debit card, bank account, or other financial account.

(Pub. L. 111–345, § 4, Dec. 29, 2010, 124 Stat. 3620.)