Ill. Admin. Code tit. 74 § 735.310

Current through Register Vol. 48, No. 45, November 8, 2024

Section 735.310 - Processor Responsibilities

The Processor is responsible for the day-to-day management of the E-Pay Program and will perform the following:

a) Enroll public agencies into the E-Pay Program as determined by the Treasurer;

b) Provide for electronic credit card and check payment services via multiple payment formats in accordance with PCI data security standards and industry best practices;

c) Provide customer service as determined by the Treasurer;

d) Distribute funds from E-Pay Program activity into the participant's settlement account or to third-party service providers as described in Section 735.500;

e) Retain copies of participant documents, including the enrollment form;

f) Charge participants for the applicable services in accordance with the cost schedule;

g) Provide the Treasurer and participants with sufficient reports and/or the ability to run reports; and

h) File the participant's accurate 1099K with the Internal Revenue Service by the due date.

Ill. Admin. Code tit. 74, § 735.310

Adopted at 41 Ill. Reg. 15819, effective 12/15/2017.

Amended at 46 Ill. Reg. 19013, effective 11/10/2022