Just wondering: seems there's a bit of a misunderstanding going on here. Are you talking about storing credit card information in a way such that customers can do online transactions without entering that information? Or are you talking about storing this information so your own company can fill in the details on a monthly basis? If 1) then the above points apply and you should not store the data, period. If 2) then I would assume the situation is somewhat different - though, not knowing the laws from the US I wouldn't really know.
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