ROSCA Billing Information Transfer Consent Form
Comply with ROSCA Regulations using this Billing Information Transfer Consent Form
This is one of 23 Supplemental Compliance Documents
The ROSCA Billing Information Transfer Consent Form is a crucial document to be utilized in the registration process prior to engaging in a "data pass" transaction. This transaction involves collaborating with other unaffiliated sites that share billing information of their purchasers with your site for the sale of your complementary product or service.
Data pass transactions are regulated by the Restore Online Shoppers Confidence Act (ROSCA), which was signed into law by President Obama on December 29, 2010.
ROSCA prohibits unaffiliated sites from transferring any billing information to you for additional sales without proper consent. Furthermore, ROSCA mandates that you obtain the billing information directly from consumers yourself.
However, before obtaining this information, you must provide specific disclosures to consumers. These include a description of the goods or services being offered, clarification that the referring merchant is not affiliated with you, and details regarding the costs associated with the goods or services.
To ensure compliance with ROSCA regulations, it is necessary to obtain express informed consent from consumers whose data may be obtained during these transactions. FTC Guardian's Billing Information Transfer Consent Form accomplishes this requirement by requiring consumers to indicate their agreement through an "I ACCEPT" button or checkbox before charging their accounts. This form includes the necessary disclosures and provides a streamlined process for obtaining consent.
Additionally, make sure to select the appropriate option in our Website SaaS-Account Membership Agreement (Click-Wrapped) to include the paragraph addressing ROSCA "data pass" disclosures. It is essential to ensure that consumers are required to click through and indicate their agreement before any charges are made to their accounts.
Choose from a comprehensive collection of Supplemental Compliance Documents to enhance your website's legal compliance while implementing proper procedures for data pass transactions in accordance with ROSCA regulations.
Join numerous service providers who have benefited from FTC Guardian's comprehensive approach to hosting agreements.
First Published on April 12th, 2018
Last Updated on November 28th, 2023
Supplemental Compliance Documents are only available to FTC Guardian Pro and Enterprise members.
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