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Indiana Code Title 24. Trade Regulation § 24-5-27.5-16

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 16. As used in this chapter, “payment card network” means an entity that directly, or through licensed members, processors, or agents, provides the proprietary services, infrastructure, and software that:

(1) route information and data to conduct debit card or credit card transaction authorization, clearance, and settlement;  and

(2) a merchant or seller uses in order to accept as a form of payment a brand of:

(A) debit card;

(B) credit card;  or

(C) another device that may be used to carry out debit or credit transactions.

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Cite this article: FindLaw.com - Indiana Code Title 24. Trade Regulation § 24-5-27.5-16 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-24-trade-regulation/in-code-sect-24-5-27-5-16/

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