Prohibits a seller from requiring a customer paying with a credit or debit card to authorize future charges against the card or waive the right to approve each charge a seller places on the card.   Official Text and Analysis.

Removes the prohibition against sellers conditioning payment by credit or debit card on a customer waiving the right to approve each charge to the card. The prohibition on a seller conditioning payment by credit or debit card on the customer authorizing future charges is limited to when a customer is making a payment on an existing account. A seller is not prohibited from charging future payments if a customer consents. A seller is not prohibited from requiring that a customer provide card information for future charges at the initiation of an account.