Indiana § 24-5-27.5-16 "Payment card network"

Indiana Statutes

§ 24-5-27.5-16 — "Payment card network"

Indiana § 24-5-27.5-16

Art. 5CONSUMER SALES

Ch. 27.5Privacy of Firearms Financial Transactions

This text of Indiana § 24-5-27.5-16 ("Payment card network") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 24-5-27.5-16 (2026).

Text

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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.