Ask Reggi Your Question Now
Can I collect debit card information from participants in Iowa? What are the requirements?
To collect debit card information from participants in Iowa, there are specific requirements that must be followed. According to Iowa Administrative Code 781 IAAC 8.3, a state department in Iowa can accept debit card payments, but must follow specific requirements. These requirements include notifying the treasurer, purchasing or leasing equipment or software, signing an agency participation agreement, following procedures for accepting payments, becoming compliant with PCI-DSS, and being responsible for any penalties or fees [1.2].
Additionally, licensees allowing participants to make payment by debit card, as authorized by Iowa Code section 99B.5, shall ensure that payment systems comply with all applicable federal and state laws regarding payment card processing and the protection of personal information [2.1].
Therefore, to collect debit card information from participants in Iowa, you must follow the requirements outlined in Iowa Administrative Code 781 IAAC 8.3 and ensure compliance with all applicable federal and state laws regarding payment card processing and the protection of personal information.
Source(s):
Jurisdiction
Iowa