Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69C - Division of Treasury
Chapter 69C-4 - ACCEPTANCE OF CREDIT CARDS BY STATE AGENCIES AND THE JUDICIAL BRANCH FOR CERTAIN GOODS, SERVICES, AND INFORMATION
Section 69C-4.003 - Definitions

Universal Citation: FL Admin Code R 69C-4.003

Current through Reg. 50, No. 187; September 24, 2024

As used in this rule chapter, the following terms are defined:

(1) Card. A credit card, charge card, or debit card that is accepted by a state agency or the judicial branch for payment to purchase goods, services, or information.

(2) Convenience Fees. A convenience fee is a fixed rate or variable rate charge assessed by a state agency or the judicial branch to a credit card, debit card or charge card payment to help defray the cost of a unique transaction.

(3) Electronic Check. A form of payment made over the Internet that is designed to perform the same function as a conventional paper check.

(4) Electronic Funds Transfer. Refers to both Automated Clearing House (ACH) and Wire Transfer funds.

(5) Electronic Payments. Payments received through the acceptance of credit cards, charge cards, debit cards, electronic checks, or other electronic funds transfer.

(6) Financial Institution. A financial institution shall mean a qualified public depository as defined in section 280.02, F.S.

(7) Other Appropriate Intermediaries. Any entity that is contracted to facilitate the processing of electronic payments on behalf of a state agency, the judicial branch, or a unit of local government.

(8) Service Fee. A service fee is a transaction processing fee charged by a financial institution, vendor service company, or payment card company, and paid by a state agency.

Rulemaking Authority 215.322(3) FS. Law Implemented 215.322 FS.

New 12-22-83, Formerly 4C-4.03, Amended 12-26-88, 1-27-99, 9-9-01, Formerly 4C-4.003, Amended 9-11-11, 8-4-14.

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