NOUN | group | merchant bank, acquirer | a credit card processing bank |
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Meaning | A credit card processing bank; merchants receive credit for credit card receipts less a processing fee. | |
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Synonym | acquirer | |
Broader | depository financial institution, bank, banking concern, banking company | A financial institution that accepts deposits and channels the money into lending activities |
Spanish | banco comercial, banco de negocios, banco financiero, banco mercantil |
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