Meaning acquiring bank
What does acquiring bank mean? Here you find 12 meanings of the word acquiring bank. You can also add a definition of acquiring bank yourself

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acquiring bank


See merchant bank.
Source: shift4.com (offline)

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acquiring bank


In electronic commerce, the acquiring bank is the financial institution that enters an electronic transaction into the collection stream. This is usually the bank used by the merchant for their busine [..]
Source: webopedia.com

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acquiring bank


In a merger, the bank that absorbs the bank acquired. See also Acquiring Bank
Source: helpwithmybank.gov

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acquiring bank


An acquiring bank provides credit card merchant accounts. The acquiring bank is a bank that has a relationship with Visa®
Source: transfirst.com (offline)

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acquiring bank


An acquiring bank is a financial institution that processes credit or debit card payments on behalf of a merchant, especially for electronic commerce or internet transactions.
Source: bizlender.com (offline)

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acquiring bank


A bank processing a merchant’s credit card sales and crediting the amount to merchant’s account is an acquiring bank. Acquiring banks buy the merchant's sales slips and credits the monetary value [..]
Source: definitions.uslegal.com

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acquiring bank


In a merger, the bank that absorbs the bank acquired.
Source: bankersadda.com

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acquiring bank


The bank that supplies merchant services.
Source: electronic-payments.co.uk (offline)

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acquiring bank


The bank or financial institution that holds the merchant's bank account that is used for collecting the proceeds for credit card processing.
Source: authorize.net

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acquiring bank


 Also known as a Merchant bank, this is a financial institution that provides business owners with merchant accounts and enables them to process credit card transactions. The Acquiring banks receive f [..]
Source: firstatlanticcommerce.com

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acquiring bank


The bank with which you have your merchant account. This bank is a part of the card associations’ networks and has the authority to process transactions for you.
Source: ecommerce4im.com

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acquiring bank


The bank providing you with your Merchant ID. You may have more than one Merchant ID, and may use more than one Acquiring Bank
Source: mastercard.com





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