Acquiring bank

id: acquiring-bank-240-7525142
title: Acquiring bank
text: An acquiring bank is a bank or financial institution that processes credit or debit card payments on behalf of a merchant. The acquirer allows merchants to accept credit card payments from the card-issuing banks within a card association, such as Visa, MasterCard, Discover, China UnionPay, American Express. The acquiring bank enters into a contract with a merchant and offers it a merchant account. This arrangement provides the merchant with a line of credit. Under the agreement, the acquiring ba
brand slug: wiki
category slug: encyclopedia
description: Bank or financial institution that processes credit or debit card payments
original url: https://en.wikipedia.org/wiki/Acquiring_bank
date created:
date modified: 2024-02-20T15:39:41Z
main entity: {"identifier":"Q342551","url":"https://www.wikidata.org/entity/Q342551"}
image:
fields total: 13
integrity: 14

Related Entries

Explore Next Part