New Jersey § 40a:5-44

§ 40a:5-44.

As used in this act: “ Association ” means an organization whose members are issuers. “ Cardholder ” means the person or organization named on the face of a credit card or debit card

to whom or for whose benefit the credit card or debit card is issued by an issuer. “ Card based payment ” means a monetary obligation tendered by the user of a credit card or debit card. “ Card payment system ” means a technical procedure by which obligations owed a local unit or court may

be paid by credit card or debit card. “ Credit card ” means any instrument or device linked to an established line of credit, whether

known as a credit card, charge card, credit plate, or by any other name, issued with

or without fee by an issuer for the use of the cardholder in satisfying outstanding

financial obligations, obtaining money, goods, services or anything else of value

on credit. “ Debit card ” means any instrument or device, whether known as a debit card, automated teller

machine card, or by any other name, issued with or without fee by an issuer for the

use of the cardholder in obtaining money, goods, services or anything else of value

through the electronic authorization of a financial institution to debit the cardholder's

account. “ Director ” means the Director of the Division of Local Government Services in the Department

of Community Affairs. “ Electronic funds transfer ” means any transfer of funds, other than a transaction originated by check, draft,

or similar paper instrument, that is initiated through an electronic terminal, telephone,

or computer or magnetic tape for the purpose of ordering, instructing or authorizing

a financial institution to debit or credit an account , and includes an in-person funds transfer and an online funds transfer . “ Electronic funds transfer system ” means a technical procedure by which obligations owed to or collected by the Supreme

Court, the Superior Court, Tax Court or a local unit may be paid by an electronic

transaction between the financial institution of the person or organization owing

the obligation and the financial institution of the governmental entity. “ In-person funds transfer ” means any transfer of funds through a service that accepts a payment made in-person,

by any method, and then transmits those funds to a payee by electronic funds transfer,

but shall not include a service that requires a local unit to maintain, and funds

to be transmitted to, an account that is not a designated depository of the local

unit pursuant to N.J.S.A.40A:5-14 . “ Issuer ” means the business organization or financial institution which issues a credit card

or debit card, or its duly authorized agent. “ Local unit ” means any unit of government subject to the provisions of chapter 5 or 5A of Title

40A of the New Jersey Statutes, and the constituent parts of those units, including

but not limited to independent local authorities, public libraries, municipal courts

and joint municipal courts. “ Online funds transfer ” means any Internet-based transfer of funds through an Internet-based payment system,

but shall not include a service that requires a local unit to maintain, and funds

to be transmitted to, an account that is not a designated depository of the local

unit pursuant to N.J.S.A.40A:5-14 . “ Service charge ” means a fee charged by the Supreme Court, the Superior Court, Tax Court or local

unit in excess of the total obligation owed by a person or organization to offset

processing charges or discount fees for the use of a card payment system or an electronic

funds transfer system.