acquirer
Stakeholder that acquires or procures a product or service.
Senses
Sense 1
Stakeholder that acquires or procures a product or service.
References
- NIST CSRC GlossaryJan 05, 2026acquirerhttps://csrc.nist.gov/glossary/term/acquirerNIST states most site information is public information and may be distributed or copied, except material marked as copyrighted; attribution requested. Verify per-document markings before quoting.Source: NIST CSRC Glossary (csrc.nist.gov).
1 (O) /SET/
"The financial institution that establishes an account with a merchant and processes payment card authorizations and payments." [SET1]
References
- IETF RFC 4949 (Internet Security Glossary)Jan 06, 2026RFC 4949 — Internet Security Glossary (Version 2)https://www.rfc-editor.org/rfc/rfc4949.txtRFC 4949 is published by the IETF Trust and marked as "Distribution of this memo is unlimited". Verify IETF Trust copyright/licensing terms for reuse.Source: IETF RFC 4949 (rfc-editor.org).
2 (O) /SET/
"The institution (or its agent) that acquires from the card acceptor the financial data relating to the transaction and initiates that data into an interchange system." [SET2]
References
- IETF RFC 4949 (Internet Security Glossary)Jan 06, 2026RFC 4949 — Internet Security Glossary (Version 2)https://www.rfc-editor.org/rfc/rfc4949.txtRFC 4949 is published by the IETF Trust and marked as "Distribution of this memo is unlimited". Verify IETF Trust copyright/licensing terms for reuse.Source: IETF RFC 4949 (rfc-editor.org).