Technical Terms

In the "Knowledge" section, we have compiled a glossary for you on the topics of risk and receivables management, e-commerce, payment and payment protection.

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    Credit card acceptance agreement

Credit card acceptance agreement

A company that wants to use Credit Cards as a method of payment must conclude a so-called credit card acceptance agreement. This agreement is not concluded with the credit card company, but with an Acquirer. Acquirer our service providers who execute payment of the purchased amount on behalf of the merchant with the customer.

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