acquiring financial institution
nounDefinitions
An institution that contracts with the bank and the merchant to enable credit card…
An institution that contracts with the bank and the merchant to enable credit card transactions. The acquirer deposits the credit card totals and debits the end-of-month processing fees from the merchants' accounts.
The neighborhood
Vish — recursive loop
No curated loop yet for acquiring financial institution. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA