acquirer
acquirer · acquirers
One who acquiresOne who acquires.
US/əkwˈaɪɚɚ/
Meaning
2 sensesOne who acquires.
a person who acquires something (usually permanently)
A bank or financial institution that processes credit card or debit card payments on behalf of a merchant.
the financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card
Forms
plural: acquirersSynonyms
1 synonymsClose in meaning
- a credit card processing bank; merchants receive credit for credit card receipts less a processing fee:merchant bank
Word family
1 related wordsRelatedacquire