Nevada § 353.1465 - Acceptance of credit cards, debit cards and electronic transfers of money: Prerequisites; fees for use; regulations

§ 353.1465. Acceptance of credit cards, debit cards and electronic transfers of money: Prerequisites; fees for use; regulations

1. Upon approval of the State Board of Finance, a state agency may enter into contracts

with issuers of credit cards or debit cards or operators of systems that provide for

the electronic transfer of money to provide for the acceptance of credit cards, debit

cards or electronic transfers of money by the agency: (a) For the payment of money owed to the agency for taxes, interest, penalties or

any other obligation; or (b) In payment for goods or services. 2. Before a state agency may enter into a contract pursuant to subsection 1, the agency

must submit the proposed contract to the State Treasurer for his or her review and

transmittal to the State Board of Finance. The agency shall coordinate the administration of the contract with the State Treasurer

to ensure that the State Treasurer is able to track and reconcile payment information

pursuant to the contract. 3. Except as otherwise provided in subsection 4, if the issuer or operator charges

the state agency a fee for each use of a credit card or debit card or for each electronic

transfer of money, the state agency may require the cardholder or the person requesting

the electronic transfer of money to pay a convenience fee when appropriate and authorized. The total convenience fees charged by the state agency in a fiscal year must not

exceed the total amount of fees charged to the state agency by the issuer or operator

in that fiscal year. 4. A state agency that is required to pay a fee charged by the issuer or operator

for the use of a credit card or debit card or for an electronic transfer of money

may, pursuant to NRS 353.148 , file a claim with the Director of the Office of Finance for reimbursement of the

fees paid to the issuer or operator during the immediately preceding quarter. 5. The Director of the Office of Finance shall adopt regulations providing for the

submission of payments to state agencies pursuant to contracts authorized by this

section. The regulations must not conflict with a regulation adopted pursuant to NRS 360.092 or 360A.020 . 6. As used in this section: (a) “ Cardholder ” means the person or organization named on the face of a credit card or debit card

to whom or for whose benefit the credit card or debit card is issued by an issuer. (b) “ Convenience fee ” means a fee paid by a cardholder or person requesting the electronic transfer of

money to a state agency for the convenience of using the credit card or debit card

or the electronic transfer of money to make such payment. (c) “ Credit card ” means any instrument or device, whether known as a credit card or credit plate or

by any other name, issued with or without a fee by an issuer for the use of the cardholder

in obtaining money, property, goods, services or anything else of value on credit. (d) “ Debit card ” means any instrument or device, whether known as a debit card or by any other name,

issued with or without a fee by an issuer for the use of the cardholder in depositing,

obtaining or transferring funds. (e) “Electronic transfer of money” has the meaning ascribed to it in NRS 463.01473 . (f) “ Issuer ” means a business organization, financial institution or authorized agent of a business

organization or financial institution that issues a credit card or debit card.