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Why Is It Called Acquiring Bank? [Solved]
An acquiring bank (sometimes referred to as “acquirer” or “credit card bank”) is an institution that has the Cards Schemes authorization to process a transaction so by signing a contract with the acquirer, a merchant can process credit and debit card transactions.
Issuing or Acquiring Bank…what is the difference?
Learn more about the difference between an
Difference between Acquiring and Issuing Bank
Acquiring Bank
Credit Card Authorization, Issuing Bank, Acquiring Bank, Merchant, Card Scheme
Credit Card Authorization,
