A(n) _____ is a bank that does business with sellers that want to accept payment cards.
A) issuing bank
B) acquiring bank
C) mortgage bank
D) advising bank

Question

Quizplus · Accepted Answer

An acquiring bank, also known as a merchant bank or acquirer, is a financial institution that facilitates payment card transactions for merchants. These banks work with merchants to set up payment processing services and settle transactions, allowing them to accept payment card transactions from customers.

A(n) _____ Is a Bank That Does Business with Sellers