Indiana Code 7.1-3-1-13.5. Payments
(1) credit card;
Terms Used In Indiana Code 7.1-3-1-13.5
- Contract: A legal written agreement that becomes binding when signed.
- Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
(3) charge card; or
(4) stored value card.
(b) The commission shall accept a payment to the commission for any purpose by any of the following financial instruments:
(1) Cash.
(2) Certified check.
(3) Cashier’s check.
(4) Check drawn on the bank deposit of a business.
(5) Valid postal money order of the United States.
(6) Bank draft.
(7) Money order.
(8) Bank card or credit card.
(9) Electronic funds transfer.
(10) Any other financial instrument authorized by the commission.
(c) If there is a charge to the commission for the use of a financial instrument, the commission may collect a sum equal to the amount of the charge from the person who uses the financial instrument.
(d) A procedure authorized for a particular type of payment must be uniformly applied to all payments of the same type.
(e) The commission may contract with a bank card or credit card vendor for acceptance of bank cards or credit cards. However, if there is a vendor transaction charge or discount fee, whether billed to the commission or charged directly to the commission’s account, the commission may collect from the person using the card:
(1) an official fee that may not exceed the transaction charge or discount fee charged to the commission by bank or credit card vendors; or
(2) a reasonable convenience fee:
(A) that may not exceed three dollars ($3); and
(B) that must be uniform regardless of the bank card or credit card used.
The fees described in subdivisions (1) and (2) may be collected regardless of retail merchant agreements between the bank and credit card vendors that may prohibit such fees. These fees are permitted additional charges under IC 24-4.5-3-202.
(f) The commission may pay any applicable bank card or credit card service charge associated with the use of a bank card or credit card under this section.
As added by P.L.153-2015, SEC.3.