Indiana Code 5-27-2-3. “Electronic payment”

Sec. 3. “Electronic payment” means a payment by means of:

(1) a credit card;

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Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) ^{Source: OCC}

(2) a debit card;

(3) a charge card;

(4) a stored value card;

(5) a bank card;

(6) an electronic check; or

(7) an electronic funds transfer, including but not limited to:

(A) Fed wire; and

(B) Automated Clearing House.

As added by P.L.114-2002, SEC.1.

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