Section 470IAC10.3-5-9. Retailer transaction fees payable by division


Latest version.
  •    (a) If any transaction fee is payable by the division to a participating retailer for use of a point of sale (POS) terminal owned or operated by the participating retailer for a transaction in which cash assistance is distributed to an eligible recipient, the fee shall be:

    (1) established;

    (2) reviewed; and

    (3) revised;

    by the division in accordance with IC 12-13-14-12.

      (b) A transaction fee, if applicable, may be modified or terminated by the division in accordance with IC 12-13-14-12 for future EBT program transactions, by notice to participating retailers in a manner determined by the division, at any time during the term of a retailer contract, without approval or consent of the participating retailer.

      (c) Any transaction fee established by the division under IC 12-13-14-12 for use of a POS terminal shall be applicable to all participating retailers on an equal and uniform basis. (Division of Family Resources; 470 IAC 10.3-5-9; filed Oct 31, 2007, 9:57 a.m.: 20071128-IR-470070087FRA; readopted filed Aug 23, 2013, 3:36 p.m.: 20130918-IR-470130306RFA)