(a) The commission may adopt rules regarding the method of payment of a fee under this chapter.
(b) The rules may authorize the use of:
(1) electronic funds transfer; or
(2) a credit card issued by a financial institution chartered by:
(A) a state or the federal government; or
(B) a nationally recognized credit organization approved by the department.

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Terms Used In Texas Occupations Code 2303.053

  • 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

(c) The rules may require the payment of a discount or a service charge for a credit card payment in addition to the fee.

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