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Acquirer

noun

Definitions

Noun
  1. 1
    One who acquires.
  2. 2
    a credit card processing bank; merchants receive credit for credit card receipts less a processing fee wordnet
  3. 3
    A bank or financial institution that processes credit card or debit card payments on behalf of a merchant.
  4. 4
    the financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card wordnet
  5. 5
    a corporation gaining financial control over another corporation or financial institution through a payment in cash or an exchange of stock wordnet
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  1. 6
    a person who acquires something (usually permanently) wordnet

Etymology

From acquire + -er.

See also for "acquirer"

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