Tex. Bus. & Com. Code Section 508.001
Definitions

In this chapter:

(1)

“Cardholder” means the person 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.

(2)

“Credit card” means a card or device issued under an agreement by which the issuer gives to a cardholder the right to obtain credit from the issuer or another person.

(3)

“Debit card” means a card, device, or other means of access to an individual’s account at a financial institution that the individual may use to initiate electronic fund transfers.

(4)

“Merchant” means a person in the business of selling goods or services.

(5)

“Mobile wallet” means a device that uses an encrypted digital token to authenticate a cardholder’s identity and account information.

(6)

“Photo identification” means a card or other document that:

(A)

is issued by a governmental entity to identify an individual; and

(B)

displays a photograph of the individual identified on the card or other document.
Added by Acts 2017, 85th Leg., R.S., Ch. 749 (S.B. 1381), Sec. 1, eff. January 1, 2018.

Source: Section 508.001 — Definitions, https://statutes.­capitol.­texas.­gov/Docs/BC/htm/BC.­508.­htm#508.­001 (accessed May 26, 2025).

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Verified:
May 26, 2025

§ 508.001. Definitions's source at texas​.gov