«With respect to any sales transaction where a credit
card has been used to obtain credit, where the seller is a person other than the
card issuer, and where the seller accepts or allows a return of the goods or forgiveness of a
debit for services which were the subject of
such sale, the seller shall promptly transmit to the credit
card issuer, a credit statement with respect thereto and the credit
card issuer shall credit the account of the obligor for the amount of the transaction.