{"data":{"id":"us-md/md.-code-commercial-law-12-1401","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 12–1401","heading":"","body":"(a) In this subtitle the following words have the meanings indicated.\n(b) (1) “Credit card processor” means a person that processes credit card or electronic commerce transactions on behalf of a business entity for a fee.\n(2) “Credit card processor” includes:\n(i) A merchant services provider;\n(ii) A financial institution;\n(iii) An independent sales organization; and\n(iv) Any subsidiary or affiliate of an entity listed in items (i) through (iii) of this paragraph.\n(c) “Merchant processing agreement” means a contract between a credit card processor and a business entity under which the business entity agrees to pay the credit card processor for processing credit card or electronic commerce transactions on behalf of the business entity.","path":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=12-1401","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"4d95f4034f91cfd401d1f510cdfafc0379c9cc9c1fc9ae75c1f650315441acbf","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-12-1304","next":"us-md/md.-code-commercial-law-12-1402"},"notice":"GroundRules: Original legal text. Not legal advice."}