Texas Business and Commerce Code 604A.001 – Definitions
Terms Used In Texas Business and Commerce Code 604A.001
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
In this chapter:
(1) “Cardholder” means the person named on the face of a debit or stored value card to whom or for whose benefit the card is issued.
(1-a) “Credit card” has the meaning assigned by § 502.001.
(2) “Debit card” has the meaning assigned by § 502.001.
(3) “Merchant” means a person in the business of selling or leasing goods or services.
(4) “Stored value card” has the meaning assigned by § 604.001(1), but does not include the meaning assigned by § 604.001(2).
(5) “Surcharge” means an increase in the price charged for goods or services imposed on a buyer who pays with a credit, debit, or stored value card that is not imposed on a buyer who pays by other means. The term does not include a discounted price charged for goods or services to a buyer who pays with cash.