Acquiring Bank/Merchant Bank

An acquiring bank or merchant bank is the bank or financial institution that processes credit and/or debit card payments for products or services for a merchant, after using a credit card machine or online card processing.

A merchant has an account with this bank (called a merchant account) and each day deposits the value of the day’s credit card or debit sales. Acquirers obtain the merchant’s sales slips and credit the tickets value to the merchant’s account.

Back to Glossary Index

Payment Processing Services by NOIRE PAY

NOIRE PAY & NOIRE provides industry leading online payment processing services & risk management technologies. Designed using NOIRE PAY’s, “Simply Switch On”, approach to payment processing, our payment solutions are built using the latest payment processing technology enabling businesses to “Plug In” and “Switch On” payment modules with ease if and when required.

As a leading Payment Service Provider, you can trust NOIRE PAY to find the right solution for your business. We provide everything in one simple agreement – your Internet Merchant Account, Payment Gateway and Payment Processing with all the leading cards issuers. Combined with NOIRE’s industry leading fraud & risk management solutions, merchants can be confident managing their payments safely and securely from beginning to end with NOIRE PAY.

Join NOIRE PAY today or contact us on +44 (0) 203 283 4585 of more information.