What Is an Issuing Bank and How Does It Differ From an Acquiring Bank?

 


In a previous article, we covered some useful information about internet acquiring, what an acquiring bank is, and its role in the transaction process. Today, we will explain what an issuing bank is, its role for customers and e-merchants, and how it differs from an acquiring bank.

What Is an Issuing Bank?
What Is the Difference Between an Acquiring Bank and Issuing Bank?

An issuing bank is an essential link in the chain of a transaction, and the service it provides to clients is hard to overestimate. At PurePay, we strongly believe that by partnering with card-issuer banks and offering our online credit card processing solutions, we can play an important role in enabling your electronic business to pick up steam.

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