# Commercial Law (GCL)

## Title 12. Credit Regulations

### Subtitle 14. Credit Card Processors

#### Section 12-1401

(a) In this subtitle the following words have the meanings indicated.

(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.

  (2) "Credit card processor" includes:

    (i) A merchant services provider;

    (ii) A financial institution;

    (iii) An independent sales organization; and

    (iv) Any subsidiary or affiliate of an entity listed in items (i) through (iii) of this paragraph.

(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.

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Md. Code Ann., Com. Law (as displayed at mgaleg.maryland.gov, October 16, 2026)