(1) As used in this section:
- (a) "Electronic payment" means the payment of money to a municipality by electronic means, including by means of a credit card, charge card, debit card, prepaid or stored value card or similar device, or automatic clearinghouse transaction.
- (b) "Electronic payment fee" means an amount of money to defray the discount fee, processing fee, or other fee charged by a credit card company or processing agent to process an electronic payment.
- (c) "Processing agent" means a bank, transaction clearinghouse, or other third party that charges a fee to process an electronic payment.
- (2) A municipality may accept an electronic payment for the payment of funds which the municipality could have received through another payment method.
- (3) A municipality that accepts an electronic payment may charge an electronic payment fee.
Enacted by Chapter 29, 2005 General Session