Who has legal ownership of credit card receipts that are printed at a business

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mozzafiata731
 
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Who has legal ownership of credit card receipts that are printed at a business

Postby mozzafiata731 » Fri Oct 05, 2012 10:53 am

Your credit card is processed at a business- a restaurant per-say... two print out...one is yours one is collected by the business to be sent out... but technically... who owns these copies?

Hi, all I'm new here... I've tried googling this topic, however, came up with nothing. I would like to know if anyone out there has any idea or a direction to head in to pursue this inquiry. Thanks!


paparoach429
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Postby paparoach429 » Fri Oct 05, 2012 10:43 pm

I thought the small businesses get to keep them? I work for a small private shop and at the end of the day they go into an envelope and then a folder.. They never send them nowhere..

Vermonster
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Postby Vermonster » Fri Oct 05, 2012 11:28 pm

At our business we staple an itemized receipt from the register to the Merchant Copy from the CC machine. At the end of the day they go into a deposit bag for bookkeeping. After they're entered into the books the credit card slips, the tape from the register, and the cash deposit slip all go into an envelope and put in a box. The boxes are for an entire month. They then sit in storage for ever. We still have slips from the early 90's. We probably have a couple 100,000 slips.

So I guess in short, the business owns them. I'd assume its for the same reason people save receipts.
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paparoach429
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Postby paparoach429 » Fri Oct 05, 2012 11:35 pm

Thats what i was getting at Vermonster. lol



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