Merchant Bank
A financial institution that is a member of Visa and/or Mastercard and maintains the merchant credit card processing relationship. The acquirer receives all transactions from the merchant to be distributed to the issuing banks.
Your go-to resource for understanding payment, fraud, and banking terminology with clear definitions from Acquirer to Zero Liability
A financial institution that is a member of Visa and/or Mastercard and maintains the merchant credit card processing relationship. The acquirer receives all transactions from the merchant to be distributed to the issuing banks.
