acquirer
noun
1 acquirer
A person who acquires something (usually permanently).
2 acquirer
A corporation gaining financial control over another corporation or financial institution through a payment in cash or an exchange of stock.
3 acquirer
The financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card.
4 acquirer
A credit card processing bank; merchants receive credit for credit card receipts less a processing fee.
synonym: merchant bank.
Dutch: financieringsbank, handelsbank
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