Acquiring financial institution
Acquiring financial institution
An acquiring financial institution is contracted by a merchant to facilitate the merchant's acceptance of credit card payments. The acquiring financial institution acts as the go-between in the transaction, collecting funds from the card company and depositing funds in the merchant's account.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed | 4.39 |
| 5/1 ARM | 3.69 |
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