person
(1) Participating payee (A) In general The term “participating payee” means— (i) in the case of a payment card transaction, any person who accepts a payment card as payment, and (ii) in the case of a third party network transaction, any person who accepts payment from a third party settlement organization in settlement of such transaction. (B) Exclusion of foreign persons Except as provided by the Secretary in regulations or other guidance, such term shall not include any person with a foreign address. Notwithstanding the preceding sentence, a person with only a foreign address shall not be treated as a participating payee with respect to any payment settlement entity solely because such person receives payments from such payment settlement entity in dollars. (C) Inclusion of governmental units The term “person” includes any governmental unit (and any agency or instrumentality thereof).