Acquirer (also used in German, but with different meanings)
A card contract intermediary, namely a company that concludes agreements on accepting cash cards from a card-issuing bank at points of sale (in retail outlets, gas stations, lodging houses, restaurants, car rental agencies, airlines, etc.). As a rule, this is a bank. – A person or business firm that buys shares of a company or the company as a whole. – See shareholder control, cash clause, discount, earn-out clause, mergers and acquisitions, ATM lock-up, interchange fee, card. – Cf. ECB Monthly Report, January 2012, pp. 86 et seq. (explaining the individual transactions in card payments and the role of the acquirer), BaFin Annual Report 2012, p. 216 (acquirers and unauthorized payment transactions).
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