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An acquiring bank (also known simply as an acquirer) is a bank or financial institution that processes credit or debit card payments on behalf of a merchant. [ 1 ] The acquirer allows merchants to accept credit card payments from the card-issuing banks within a card association, such as Visa , MasterCard , Discover , China UnionPay , American ...
A merchant account is a type of bank account that allows businesses to accept payments in multiple ways, typically debit or credit cards. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions. In some cases a payment processor, independent sales ...
Chase Paymentech is an American payment service provider and merchant acquiring business that is part of JPMorgan Chase. Paymentech payment platforms supports businesses to process payments. In addition to its payment services the company provides associated business services such as analytics, payment fraud detection, and data security.
A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payment processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. [1] The payment gateway may be provided by a bank to its customers, but can be provided by a specialised ...
3,883 [2] (2023) Website. adyen.com. Footnotes / references. [1] Adyen is a Dutch payment company with the status of an acquiring bank that allows businesses to accept e-commerce, mobile, and point-of-sale payments. It is listed on the stock exchange Euronext Amsterdam.
Merchant account: This could refer to the acquiring bank or the independent sales organization, but in general is the organization that the merchant deals with. Card association : An association of card-issuing banks such as Discover , Visa , MasterCard , American Express , etc. that set transaction terms for merchants, card-issuing banks, and ...
Merchant banking offers specialized financial services to large corporations and high-net-worth individuals. The high-end services available through this type of financial institution aren't ...
Number of employees. 8,500 (2024) Website. www .worldpay .com. Worldpay is an American multinational financial technology company and payment processing company. Worldpay provides payment and technology services to merchants and financial institutions globally generating 40 billion transactions across 146 countries and 135 currencies. [ 2] With ...