acquirer
1.
(
noun
) the financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card
Related Words:
financial institution
,
financial organization
2.
(
noun
) a bank gaining financial control over another financial institution through a payment in cash or an exchange of stock
Related Words:
bank
,
banking company
,
banking concern
,
depository financial institution
3.
(
noun
) a credit card processing bank; merchants receive credit for credit card receipts less a processing fee
Synonyms:
merchant bank
Related Words:
bank
,
banking company
,
banking concern
,
depository financial institution
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