NRS 706.322 Acceptance by taxicab motor carrier or limousine operator of credit cards or debit cards for payment of rates, fares or charges: Agreement; regulations concerning maximum convenience fee; certain acts by issuers prohibited.

345 words·~2 min read·/nv/chapter-706-motor-carriers/706-322

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

1. A taxicab motor carrier or an operator of a limousine may enter into a contract with an issuer of credit cards and debit cards to provide for the acceptance of credit cards or debit cards by the taxicab motor carrier or the operator of a limousine for the payment of rates, fares and charges owed to the taxicab motor carrier or the operator of a limousine.

2. The Authority may prescribe by regulation or order the maximum fee that a taxicab motor carrier or an operator of a limousine may charge a customer for the convenience of using a credit card or debit card to make payment to the taxicab motor carrier or the operator of a limousine. In prescribing such fees, the Authority may consider the expenses incurred by the taxicab motor carrier or the operator of a limousine in accepting payment by a credit card or debit card, including, without limitation:

(a)Costs of required equipment and its installation;

(b)Administrative costs of processing credit card or debit card transactions; and

(c)Fees paid to issuers of credit cards or debit cards.

3. An issuer shall not, by contract or otherwise:

(a)Prohibit a taxicab motor carrier or an operator of a limousine from charging and collecting a fee authorized pursuant to subsection 2; or

(b)Require a taxicab motor carrier or an operator of a limousine to waive the right to charge and collect a fee authorized pursuant to subsection 2.

4. As used in this section, “issuer” means a business organization, financial institution or a duly authorized agency of a business organization or financial institution which:

(a)Issues a credit card or debit card; or

(b)Enters into a contract with a taxicab motor carrier, an operator of a limousine or other person to enable or facilitate the acceptance of a credit card or debit card.