The terms acquiring bank, acquirer, credit card processor and merchant bank have the same meaning. Basically, an acquiring bank is a licensed member of MasterCard, Visa, and/or American Express that screens and accepts merchants into its bankcard program, processes transactions, and completes financial settlement for them.
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Straightline Processing is a registered ISO/MSP of Wells Fargo Bank, N.A., PO Box 6079, Concord, CA 95524
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