Acquirer

An acquirer is a financial institution or merchant bank that a merchant uses to process their payment card transactions. The acquirer receives authorisation requests from merchants to authorise credit or debit purchases. The acquirer will either approve or decline the debit or credit card purchase amount. If approved, the acquirer will then settle the transaction by placing the funds into the seller’s account.

Every time a credit or debit is used, the services of an acquirer are also being used. An acquirer will charge a monthly and/or a per transaction fee to the stores or merchants to facilitate transactions. Acquirers need to be licensed with credit card companies, such as Visa or MasterCard.

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Payment Processing Services by NOIRE

NOIRE provides industry leading online payment processing services & risk management technologies. Designed using NOIRE, “Simply Switch On”, approach to payment processing, our payment solutions are built using the latest payment processing technology enabling businesses to “Plug In” and “Switch On” payment modules with ease if and when required.

As a leading Payment Service Provider, you can trust NOIRE to find the right solution for your business. We provide everything in one simple agreement – your Internet Merchant Account, Payment Gateway and Payment Processing with all the leading cards issuers. Combined with NOIRE’s industry leading fraud & risk management solutions, merchants can be confident managing their payments safely and securely from beginning to end with NOIRE.

Join NOIRE today or contact us on +44 (0) 203 283 4585 of more information.

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