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acquiring bankSee merchant bank.
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acquiring bankIn 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 [..]
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acquiring bankIn a merger, the bank that absorbs the bank acquired. See also Acquiring Bank
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acquiring bankAn acquiring bank provides credit card merchant accounts. The acquiring bank is a bank that has a relationship with Visa®
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acquiring bankAn 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.
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acquiring bankA 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 [..]
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acquiring bankIn a merger, the bank that absorbs the bank acquired.
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acquiring bankThe bank that supplies merchant services.
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acquiring bankThe bank or financial institution that holds the merchant's bank account that is used for collecting the proceeds for credit card processing.
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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 [..]
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acquiring bankThe 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.
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acquiring bankThe bank providing you with your Merchant ID. You may have more than one Merchant ID, and may use more than one Acquiring Bank
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