Acquiring: what is it and how does this service work?
Posted: Sun Apr 20, 2025 7:18 am
Payment acquiring is the process that connects merchants to financial institutions, allowing them to accept card payments. Understanding how it works is essential to optimize transactions and ensure security, agility, and efficiency in sales. Find out how this method can benefit your business.
Acquiring is a concept that can generate doubts. Is it a digital account? What is italy mobile database difference between it and sub-acquiring? What are the examples of acquiring companies?
In this article, you will understand what acquiring is and learn about the best payment services for your online business! Check it out !
What is acquiring?
Man thinking with question markAcquiring is the process responsible for financial transactions, especially electronic payments such as credit and debit cards.
In short, acquiring refers to the process by which a financial institution, called an acquirer, facilitates transactions between merchants and debit and credit card issuers, which are banks or financial institutions.
Thus, when a customer makes a purchase using a card on a merchant's card machine, the acquirer acts as an intermediary between the merchant and the bank that issued the card.
This way, it processes the transaction, verifies the authenticity of the card, transmits the information necessary to authorize the transaction and, finally, transfers the purchase amount to the merchant's account upon completion.
Acquiring is a concept that can generate doubts. Is it a digital account? What is italy mobile database difference between it and sub-acquiring? What are the examples of acquiring companies?
In this article, you will understand what acquiring is and learn about the best payment services for your online business! Check it out !
What is acquiring?
Man thinking with question markAcquiring is the process responsible for financial transactions, especially electronic payments such as credit and debit cards.
In short, acquiring refers to the process by which a financial institution, called an acquirer, facilitates transactions between merchants and debit and credit card issuers, which are banks or financial institutions.
Thus, when a customer makes a purchase using a card on a merchant's card machine, the acquirer acts as an intermediary between the merchant and the bank that issued the card.
This way, it processes the transaction, verifies the authenticity of the card, transmits the information necessary to authorize the transaction and, finally, transfers the purchase amount to the merchant's account upon completion.