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third party network transaction

Defined in 1 place of the United States Code.

The term "third party network transaction" means any transaction described in subsection (d)(3)(A)(iii) which is settled through a third party payment network.

Source

  • 2021–present26 U.S.C. § 6050WInternal Revenue Code · Returns relating to payments made in settlement of payment card and third party network transactions · for purposes of this section

The term “third party network transaction” means any transaction which is settled through a third party payment network.

Source

  • 2008–202126 U.S.C. § 6050WInternal Revenue Code · Returns relating to payments made in settlement of payment card and third party network transactions · for purposes of this section