69C-4.003. Definitions  


Effective on Monday, August 4, 2014
  • 1As used in this rule chapter, the following terms are defined:

    12(1) Card. A credit card, charge card, or debit card that is accepted by a 27state agency or the judicial branch 33for payment to purchase goods, services, or information.

    41(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.

    83(3) Electronic Check. A form of payment made over the Internet that is designed to perform the same function as a conventional paper check.

    107(4) Electronic Funds Transfer. Refers to both Automated Clearing House (ACH) and Wire Transfer funds.

    122(5) Electronic Payments. Payments received through the acceptance of credit cards, charge cards, debit cards, electronic checks, or other electronic funds transfer.

    144(6) Financial Institution. A financial institution shall mean a qualified public depository as defined in section 160280.02, F.S.

    162(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.

    193(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.

    222Rulemaking Authority 224215.322(3) FS. 226Law Implemented 228215.322 FS. 230History–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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