781—8.4(12) Procedures for administering the credit card receipt process.
- 8.4(1) The treasurer shall enter into an agreement with a financial institution to provide credit card payment processing for state departments.
- 8.4(2) The treasurer shall specify which credit cards may be accepted by state departments.
- 8.4(3) The treasurer shall enter into an agency participation agreement with each state department authorized to accept credit card payments under the credit card processing contract.
- 8.4(4) The treasurer shall provide state departments with a copy of the merchant operating guidelines.
- 8.4(5) The treasurer shall provide state departments with information on costs for credit card and debit card processing, equipment, software, and supplies as specified under the credit card processing contract.
- 8.4(6) The treasurer shall provide state departments with instructions on creating cash receipts documents for credit card receipts.
- 8.4(7) The treasurer shall notify a state department that it is authorized to accept credit card and debit card payments and provide the department with its merchant identification number and other account information.
- 8.4(8) The treasurer shall terminate the agency participation agreement and a state department’s authority to accept credit card and debit card payments if a state department fails to comply with the requirements outlined in this chapter.
[ARC 9100B, IAB 9/22/10, effective 10/27/10]