Acquiring bank is the referred to the institution or the financial organization that willingly accepts the payment made towards various goods and services through a credit card or even a debit card, it shows the organizations willingness to acquire the amount from the card that was issued by a bank.
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All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.