Guides and reports

What’s an acquiring bank and why you need one

Learn what an acquiring bank is, how it compares to an issuing bank and a payment processor, and why you need one to accept payments.

9 July, 2024
 ·  5 minutes

For your customer, a transaction requires a tap of their card and it’s over in a few seconds. But behind every payment is an intricate relay between financial institutions, made possible with your acquiring bank.

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