Vt. Stat. Ann. tit. 9, § 2480o
Definitions
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
As used in this subchapter:
As used in this subchapter:
(1) "Electronic payment system" means an entity that directly or through licensed members, processors, or agents provides the proprietary services, infrastructure, and software that route information and data to facilitate transaction authorization, clearance, and settlement, and that merchants are required to access in order to accept a specific brand of general-purpose credit cards, charge cards, debit cards, or stored-value cards as payment for goods and services.
(1) “Electronic payment system” means an entity that directly or through licensed members, processors, or agents provides the proprietary services, infrastructure, and software that route information and data to facilitate transaction authorization, clearance, and settlement, and that merchants are required to access in order to accept a specific brand of general-purpose credit cards, charge cards, debit cards, or stored-value cards as payment for goods and services.
(2) "Merchant" means a person or entity that, in Vermont: does business; or (A) (i) does business; or
(2) “Merchant” means a person or entity that, in Vermont: does business; or (A) (i) does business; or
(3) offers goods or services for sale; and
(3) offers goods or services for sale; and
(4) has a physical presence. Added 2009, No. 116 (Adj. Sess.), § 2, eff. Jan. 1, 2011.
(4) has a physical presence.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.