(a) A contribution of money may be made only by:
(1) check;
(2) credit card;
(3) cash, if the contribution does not exceed $100 in an election cycle; or
(4) an electronic method that the State Board authorizes by regulation.
(b) An electronic method of making a contribution that the State Board authorizes under this section shall ensure that:
(1) the identity of the person making the contribution may be verified;
(2) the transaction is secure; and
(3) there is an adequate record of the transaction.