18A:6-110.4 Payment processing platforms, public schools, provide users information on fees, payments.
3. Any contract entered into on or after the effective date of this act by a board of education, a board of trustees, or the lead administrator of a nonpublic school with a third-party vendor for the development or use of a payment processing platform shall require the payment processing platform to provide users with clear information on: a. all fees charged for use of the platform; b. the average annual fees incurred by a user of the platform; and c. the availability of an alternative no-fee means to make direct payments through the board of education, board of trustees, or nonpublic school. L.2025, c.94, s.3.