Acquirer: Difference between revisions

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1.  ''Cash management - card payment schemes.''
A financial institution - often a subsidiary of a bank - that ‘buys’ credit card transactions, with recourse, from a retailer.  
A financial institution - often a subsidiary of a bank - that ‘buys’ credit card transactions, with recourse, from a retailer.  


The acquirer will present the transactions to the card issuer for payment and will then pay the retailer the amount of the card transactions less a discount - which covers their own and the card issuer’s fee for handling the transaction. This is how retailers get paid.
The acquirer will present the transactions to the card issuer for payment and will then pay the retailer the amount of the card transactions less a discount - which covers their own and the card issuer’s fee for handling the transaction.  
 
 
This is how retailers get paid, and are facilitated to accept card transactions.
 
 
2.  ''Corporate finance.''
 
A business or other entity that gains control of another business, or of assets.




== See also ==
== See also ==
* [[Acquiree]]
* [[Business]]
* [[Card scheme]]
* [[Cash management]]
* [[Corporate finance]]
* [[Credit card]]
* [[Debit card]]
* [[Merchant]]
* [[Payment service provider]]
* [[PayPal USD]]  (PYUSD)
* [[PSD2]]
* [[Recourse]]
* [[Recourse]]
* [[Strong Customer Authentication]]
* [[USD Coin]]  (USDC)
[[Category:Financial_products_and_markets]]
[[Category:The_business_context]]

Latest revision as of 12:43, 24 July 2024

1. Cash management - card payment schemes.

A financial institution - often a subsidiary of a bank - that ‘buys’ credit card transactions, with recourse, from a retailer.

The acquirer will present the transactions to the card issuer for payment and will then pay the retailer the amount of the card transactions less a discount - which covers their own and the card issuer’s fee for handling the transaction.


This is how retailers get paid, and are facilitated to accept card transactions.


2. Corporate finance.

A business or other entity that gains control of another business, or of assets.


See also