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acquiring financial institution Twit Definition of acquiring financial institution Share Definition of acquiring financial institution on Facebook Digg:Definition of acquiring financial institution! stumble Definition of acquiring financial institution Bookmark Definition of acquiring financial institution on Delicious submit Definition of acquiring financial institution to reddit Bookmark Definition of acquiring financial institution
noun 
  1. An acquiring financial institution (or "acquirer") contracts with the bank and the merchant to enable credit card transactions. The acquirer deposits the credit card totals and debits the end-of-month processing fees from the merchants' accounts. Abbreviated: AFI.
     Source Definition of acquiring financial institution
  

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