Akademik

merchant bank

noun

a credit card processing bank; merchants receive credit for credit card receipts less a processing fee

• Syn: ↑acquirer

• Derivationally related forms: ↑acquire (for: ↑acquirer)

• Hypernyms: ↑depository financial institution, ↑bank, ↑banking concern, ↑banking company

Useful english dictionary. 2012.