Iowa Administrative Code
Agency 781 - Treasurer of State
Chapter 8 - Accepting Credit Card Payments
Rule 781-8.5 - Adjustments for Convenience Fees
Universal Citation: IA Admin Code 781-8.5
Current through Register Vol. 47, No. 6, September 18, 2024
If a state department is allowed to charge its customers a convenience fee under the credit card processing contract, then the following shall apply:
1. The treasurer shall consult with the state department to assist in determining the amount by which the department's fees may be adjusted to reflect the cost of credit card processing.
2. The state department shall follow all credit card associations' rules on how and when a convenience fee may be charged.
3. The treasurer shall notify state departments of any changes in the credit card associations' rules on convenience fees.
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