Definitions[]
Electronic money[]
The acquirer is
| “ | the entity or entities that hold deposit accounts for card acceptors (merchants) and to which the card acceptor transmits the data relating to the transaction. The acquirer is responsible for the collection of transaction information and settlement with the acceptors.[1]. | ” |
General[]
An acquirer is a "[s]takeholder that acquires or procures a product or service."[2]
References[]
- ↑ Report on Electronic Money, Annex 1, Glossary, at 37.
- ↑ Cybersecurity Procurement Language for Energy Delivery Systems, at 6.