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acquiring bank Last modified: Friday, June 01, 2007
In electronic commerce, the acquiring bank is the financial institution that enters an electronic transaction into the collection stream. This is usually the bank used by the merchant for their business account.
ECommerce-Guide ECommerce-Guide is the source for e-commerce news, trends, product reviews, and how-tos for businesses running online or e-commerce sites and selling and marketing products and services.	Related Categories Electronic Commerce Related Terms electronic commerce merchant account payment gateway payment threshold PayPal shopping cart Web site Shop for: Books - Tab Bowers, Jeffrey Wong, McKinsey & Company, Greg Gibb - Banking in Asia: Acquiring a Profit Mindset Products Release Date: September 12, 2003 Compare all matches: 1 Store Offers from $49-$49 Top Store Offers Amazon - 49.06 more stores...