Iowa Administrative Code
Agency 781 - Treasurer of State
Chapter 8 - Accepting Credit Card Payments
Rule 781-8.4 - Procedures for Administering the Credit Card Receipt Process
Current through Register Vol. 47, No. 6, September 18, 2024
(1) The treasurer shall enter into an agreement with a financial institution to provide credit card payment processing for state departments.
(2) The treasurer shall specify which credit cards may be accepted by state departments.
(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.
(4) The treasurer shall provide state departments with a copy of the merchant operating guidelines.
(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.
(6) The treasurer shall provide state departments with instructions on creating cash receipts documents for credit card receipts.
(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) 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