# 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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