Payment Card (Credit Card) Acceptance Policy – New Policy 3-070

The Board of Trustees has approved a new policy (Policy 3-070) which addresses both internal and external standards as they relate to the acceptance of credit cards for a variety of University services, such as tuition payment and ticket sales. Departments that accept credit cards for payment of goods or services must familiarize themselves with this new policy. Procedures affected by this new policy will be forthcoming.

If your department is affected by these changes, please review:

Policy 3-070: Payment Card Acceptance, effective December 8, 2008

Rule: Credit Card Guidelines, dated 1/22/07

Rule: Credit Card Security (PCI DSS) Standards, dated 7/18/08

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