500.05 - Statewide Accounting Policy - Electronic Payment Confirmation

Policy

All applications that utilize merchant cards or electronic funds transfer (EFT) transactions as a method of payment via the Worldwide Web shall provide for the generation of a confirmation of the transaction at the time of the order. Confirmations shall adhere to the Office of State Controller Policy on “Security and Privacy of Data,” regarding the disclosure of confidential information.

Procedures

N/A

Accounting Guidance

N/A

Revision History

1/22/2025 - Formatted for new ncosc.gov website

Policy Owner

Statewide Accounting

Effective Date

10/01/2005

Policy Section

0500 eCommerce

Last Updated

01/22/2025

Authority

G.S. 143B-426.39(1) and (5); G.S. 147-86.11(a); G.S. 147-86.22(b); and Chapter 66, Article 11A (G.S. 66-58.1 through 66-58.19)