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acquirer - definition and synonyms

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noun business
  1. From our crowdsourced Open Dictionary
    a bank that processes and settles a merchant's daily credit card transactions, and then in turn settles those transactions with the card issuer/association

    MasterCard acquirer is a business that is licensed to work with merchants, process transactions, and settle transactions.

    Submitted by Islombek from Uzbekistan on 27/10/2016
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panjandrum

a person who has or claims to have a lot of influence

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