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Home > QFINANCE Dictionary > Definition of acquirer

Definition of

acquirer

  • 1. Finance

    buyer an organization or individual that buys a business or asset

  • 2. Banking

    institution handling credit card transactions a financial institution, commonly a bank, that processes a merchant's credit card authorizations and payments, forwarding the data to a credit card association, which in turn communicates with the issuer.

    Related definitions of "acquirer"

Definitions of ’acquirer’ and meaning of ’acquirer’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’acquirer’ and other financial terms with our online QFINANCE Financial Dictionary.

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