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acquiring bank
Last modified: Friday, June 01, 2007 

In electronic commerce, the acquiring bank is the financial institution that enters an electronic transaction into the collection stream. This is usually the bank used by the merchant for their business account.
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Shop for: Books - Tab Bowers, Jeffrey Wong, McKinsey & Company, Greg Gibb - Banking in Asia: Acquiring a Profit Mindset Products
Release Date: September 12, 2003

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