> For the complete documentation index, see [llms.txt](https://docs.verifone.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.verifone.com/api-reference/open-api-references/order-service/specification/definitions/acquirer.md).

# Acquirer

An acquiring bank (also known simply as an acquirer) is a bank or financial institution that processes credit or debit card payments on behalf of a merchant.

The acquirer allows merchants to accept credit card payments from the card-issuing banks within an association. In usual scenario, an acquirer is a customer of Verifone. Acquirer has then its own customers who are not Verifone customers directly.


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