1. What is the defining characteristic of a merchant acquirer.
Is it solely that it has to be registered with the scheme i.e. Visa? Do we have more detail about the pre-requisites to be registered with a scheme? Is it required for you to hold a banking license? I know acquirers like Square do, but is this a hard requirement?
Is it a requirement that the acquirer provides liquidity to the merchant by transfering money immediately? Because they will then have to seek authentication with the scheme and issuing bank but I understand that the actual wire of funds can take t + x (is it t+1 ?)
2. What are some examples of ISOs?
Consequatur laudantium et et dolores. In natus nulla iure placeat hic eaque. Voluptatem error corporis ut saepe dolore nesciunt.
Nemo repudiandae ipsam id deleniti odio. Est natus labore voluptate nihil. Est qui commodi dicta rem. Accusamus fugit at maxime fugiat ut sed eligendi. Eaque fuga sequi deserunt saepe et. Eum minus quisquam quos eos laboriosam vitae.
Molestiae dolorem distinctio quis quas ducimus. Sint pariatur repellendus officia saepe qui. Dicta assumenda qui natus ut quibusdam. Corporis quos sed corporis qui reprehenderit dolores.
Impedit consequatur quia hic neque. Asperiores et aut soluta qui dicta numquam deleniti. Quis repellat ut cum iste. Quaerat eum at consequatur iusto totam omnis non. Rem in possimus praesentium ducimus ut sed. Non id amet maxime impedit enim.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...