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Meanings of acquiring bank in English

Russian
эквайринг
Spanish
banco adquirente

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.

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        эквайринг
        Usage of acquiring bank in English
        1
        The changes allow the acquiring bank to recognize an immediate benefit from the write-downs, rather than recognizing them over multiple years.
        Reuters
        2
        When the FDIC coordinates the sale of such banks, it often agrees to limit the losses that the acquiring bank may face on troubled assets.
        Reuters
        Translations for acquiring bank