Business terms and jargon explained. Your business dictionary

What is Acquirer

1) An acquirer provides merchants and retailers with facilities to accept debit, credit and charge card payments. There are also third-party ATM acquirers who install their own ATM machines and therefore acquire transactions on behalf of card issuers.

© Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

Another use of term:-

2) This term refers to a company that has been taken over where the controlling interest has passed to another company.

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Term created / updated 2017-04-19 15:45:34

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