What are the laws concerning online payments?

In New Hampshire, laws concerning online payments are guided by the Uniform Electronic Transactions Act. This law states that any electronic contract or signature is just as valid as any paper-based contract or signature. Online payments are subject to the same consumer protection laws and regulations as payments made with cash or check. Merchants and online businesses must comply with all applicable federal, state, and local laws. For example, businesses must provide customers with the terms and conditions of the purchase, as well as a way to cancel or return items. The New Hampshire Consumer Protection Act also applies to online payment transactions. This law protects consumers from unfair or deceptive practices. Businesses must accurately represent their goods and services, as well as disclose any potential risks associated with making online payments. The New Hampshire Consumer Fraud Act also applies to online payments. It prohibits any deceptive or misleading transactions. It also requires businesses to provide full disclosure of the terms, conditions, and fees associated with the transaction. Finally, businesses must also abide by the Payment Card Industry Data Security Standard (PCI DSS). This consumer protection framework provides a set of security requirements for the processing, transmission, and storage of all payment card information. These requirements help protect customers from cyber-attacks and protect businesses from data breaches.

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What are the laws concerning online payments?

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