Texas Business and Commerce Code - BUS & COM § 607A.001. Definitions

(1) “Automated teller machine” has the meaning assigned by Section 31.03, Penal Code.

(2) “Center” means the financial crimes intelligence center established under Chapter 2312, Occupations Code.

(3) “Electronic terminal” means an electronic device, other than a telephone operated by a consumer, through which a consumer may initiate an electronic funds transfer. The term includes a point-of-sale terminal, virtual currency terminal, automated teller machine, and cash dispensing machine.

(4) “Financial institution” has the meaning assigned by Section 277.001, Finance Code.

(5) “Institution of higher education” has the meaning assigned by Section 61.003, Education Code.

(6) “Merchant” has the meaning assigned by Section 2.104.

(7) “Payment card” has the meaning assigned by Section 522.001.

(8) “Payment card issuer” means a lender, including a financial institution, or a merchant that receives applications and issues payment cards to individuals.

(9) “Payment card network” means an entity that directly, or through a licensed member, processor, or agent, provides the proprietary services, infrastructure, and software that:

(10) “Service company” and “service technician” have the meanings assigned by Section 2310.151, Occupations Code.

(11) “Skimmer” means a wire or electronic device capable of unlawfully intercepting electronic communications or data to perpetrate fraud.

(12) “Virtual currency” means an intangible electronic medium of exchange, unit of account, or store of value.