Home / Definitions / Acquiring Bank
Ecommerce 1 min read

Acquiring Bank

Last Updated May 24, 2021 1:34 pm
Vangie Beal
Written by Vangie Beal

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.

Was this Article helpful? Yes No
Thank you for your feedback. 0% 0%
Vangie Beal
About the author About the author arrow
Vangie Beal

Vangie Beal is a freelance business and technology writer covering Internet technologies and online business since the late '90s.

Read more

Property of Find.co
© 2026 Webopedia. All Rights Reserved

DMCA.com Protection Status

Advertiser Disclosure: Some of the products that appear on this site are from companies from which Webopedia receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. Webopedia does not include all companies or all types of products available in the marketplace.