Finance News
Card Acquirer Role: What an Acquirer Does Between a Swipe and Settlement
The acquiring bank routes the authorization, absorbs the merchant's risk, batches the day's sales, and funds the merchant's account — usually minus fees.
Author
Naomi Bergman
Independent editorial contributor covering fintech, payments, household credit, regulation and markets.
Articles by Naomi Bergman
Payments
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Finance News
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Payments
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Finance News
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