Can I use third-party payment processors on my website in South Carolina? What are the requirements?

Using Third-Party Payment Processors on a Website in South Carolina

South Carolina law does not specifically require a license for using third-party payment processors on a website ^[1.1]. However, it is important to note that the South Carolina Code of Laws provides regulations for payment orders and the liability of receiving banks ^{[2.1][2.2][2.4][2.7]}.

It is recommended to consult with a legal professional or the South Carolina Department of Consumer Affairs to ensure compliance with all applicable laws and regulations.

In summary, while there is no specific requirement for using third-party payment processors on a website in South Carolina, it is important to be aware of the regulations surrounding payment orders and the liability of receiving banks. It is recommended to seek legal advice for further clarification.

^[1.1]: South Carolina Code of Laws ^[2.1]: SCCL 36-4A-202 ^[2.2]: SCCL 36-4A-212 ^[2.4]: SCCL 36-4A-209 ^[2.7]: SCCL 36-4A-205

Source(s):

• [1.1] Licensure requirements.
• [2.1] Authorized and verified payment orders.
• [2.2] Liability and duty of receiving bank regarding unaccepted payment order.
• [2.4] Acceptance of payment order.
• [2.7] Erroneous payment orders.

Jurisdiction

South Carolina

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