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Can I collect debit card information from participants in Idaho? What are the requirements?

Based on the documents provided, it appears that you can collect debit card information from participants in Idaho under certain conditions. Here are the requirements:

Requirements for Collecting Debit Card Information in Idaho

  1. The college or university must be located in Idaho [1.1].
  2. The debit card program must be offered to the student body and members of the faculty and staff [1.1][1.3].
  3. Debit card transactions may only be used to purchase goods or services from the college or university or through its approved vendor located on the principal campus of the college or university [1.1].
  4. A surety bond in a form approved by the governing authority of the college or university in the amount of ten thousand dollars ($10,000) shall be maintained for each employee of the college or university with access to the funds maintained in the university debit card program [1.1].
  5. The college or university must comply with the Limits on Disclosure of Nonpublic Personal Financial Information to Nonaffiliated Third Parties as outlined in IDAPA 18.01.01.400 [5.1].
  6. The college or university must not allow a student or a member of its faculty or staff to receive cash through a debit card transaction or to receive cash through a customer bank communication terminal or other automated banking facility [1.2].

Therefore, if you are a college or university located in Idaho and you comply with the above requirements, you can collect debit card information from participants in Idaho.

Please note that forgery of a financial transaction card is a crime in Idaho [4.1][4.2].

Source(s):
Jurisdiction

Idaho