participating payee
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 6050W — for purposes of this section
The term “participating payee” means—
(i) in the case of a payment card transaction, any person who accepts a payment card as payment, and
(ii) in the case of a third party network transaction, any person who accepts payment from a third party settlement organization in settlement of such transaction.