"Payment card network"

Ind. Code § 24-5-27.5-16
in effect
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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. As added by P.L.132-2024, SEC.4.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/24Fetched: 10/17/2026

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