Can I collect credit card information from participants in Vermont? What are the requirements?

Based on the additional context provided, there are several laws and regulations in Vermont that may impact your ability to collect credit card information from participants.

Payment by Credit Card

Under Vermont law, if a credit card draft is not paid by the bank or is charged back to the court or bureau, any record of payment made by the court or bureau honoring the card shall be void. Additionally, card account numbers, while in the possession of the court or bureau, are confidential ^[2.1].

Electronic Payment Systems

With respect to transactions involving Vermont merchants, no electronic payment system may impose any requirement, condition, penalty, or fine in a contract with a merchant to inhibit the ability of any merchant to provide a discount or other benefit for payment through the use of a card of another electronic payment system, cash, check, debit card, stored-value card, charge card, or credit card rather than another form of payment. Additionally, no electronic payment system may impose any requirement, condition, penalty, or fine in a contract with a merchant to prevent the ability of any merchant to set a minimum dollar value of no more than $10.00 for its acceptance of a form of payment ^[3.1].

Conclusion

In light of the above, it is important to ensure that any collection of credit card information complies with Vermont’s laws and regulations. It is recommended that you consult with a legal professional to ensure that you are in compliance with all applicable laws and regulations. Please note that this response is based solely on the provided context and does not take into account any other applicable laws or regulations.

Source(s):

• [2.1] Payment by credit card
• [3.1] Electronic payment systems

Jurisdiction

Vermont

• Privacy