1. A corporation or financial institution that acts as an intermediary between merchants and customers. This sort of entity mainly handles credit card processing for other companies. Acquirers are paid a certain percentage of each transaction along with any fees that the institution may impose on merchants. Acquirers are better known as Merchant Service Providers. Some of the most well-known acquirers are Visa, MasterCard, American Express, and Discover.
2. A person that receives or acquires something.
3. A company that receives or acquires something, often used when one company acquires another company or part of a company.
Related information about acquirer:
- Acquiring bank - Wikipedia, the free encyclopedia
An acquiring bank (or acquirer) is the bank or financial institution that processes credit and or debit card payments for products or services for a merchant.
- acquirer - definition of acquirer by the Free Online Dictionary ...
tr.v. ac·quired, ac·quir·ing, ac·quires. 1. To gain possession of: acquire 100 shares of stock. 2. To get by one's own efforts: acquire proficiency in math. 3. To gain ...
- Acquirer Definition | Investopedia
1. The firm which is purchasing a company in an acquisition. The acquirer is also known as a bidder.2. A financial institution or merchant bank (a merchant ...
- Acquirer.com | Payment and Transaction Testing
Total product testing for the global payments industry.
- Merchant Acquirer List | Merchants | Visa USA
Find the right card acquirer from our merchant acquirer list to ...
- MasterCard Acquirer | Credit Card Acquirer | MasterCard
Choosing an acquirer is an important step in accepting MasterCard. Your acquirer is the financial institution that will accept and process MasterCard transactions ...
- How Banks Work - What is a merchant Acquirer?
Essentially the Merchant Acquirer acts like a large switch protecting the merchant from having to understand all the detail of all the different card schemes, (VISA, ...
- Acquirer - Merriam-Webster Online
one that acquires; especially : a company that acquires another company. First Known Use of ACQUIRER. 1768. Browse. Next Word in the Dictionary: acquisite ...