New Federal Law Concerns Online Subscription Sites & Paid Membership Sites: If You Do Recurring Billing or Trial Offers – Watch Out!
Last Wednesday, Dec. 29th, President Obama signed a new law known as the ‘Restore Online Shoppers Conference Act’ into being immediately. This new Act affects your business if you market services on the Internet to US consumers and you either offer recurring billing (also known as auto-renew) and/or you offer trials requiring a credit or debit card that will be charged when the trial is over. That’s the vast majority of companies in the online subscriptions,…
