A credit card processing bank, merchants receive credit for credit card receipts less a processing fee
English: merchant bank, acquirer
acquirerEnglish
acquirer, merchant bank
Noun
A person who acquires something (usually permanently)
English: acquirer
A corporation gaining financial control over another corporation or financial institution through a payment in cash or an exchange of stock
English: acquirer
1 more noun senses
The financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card
English: acquirer