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GLOSSARY TERMS
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Acquiring Bank

A bank that receives the credit card transactions and then settles with the issuing banks. Bank that signs up / enables the merchant to process transactions.


Previous Credit Card Term: Acquirer

Next Credit Card Term: Address Verification Service (AVS)


* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on issuers website.