Acquirer

An acquirer is a bank that processes credit and debit card transactions for a merchant.

Related Terms

  • Effective Rate

    The effective rate shows the amount of volume a business pays in credit card processing fees to process a given amount. It is shown as a percentage,...

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  • HIPPA (Health Insurance Portability and Accountability Act)

    The Health Insurance Portability and Accountability Act attempts to fight again abuse, fraud and waste within health insurance and general health care delivery.

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