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What does it mean to outsource bank card acquiring business?
The outsourcing of bank card acquiring business means that the bank hands over the credit card marketing work to other companies and pays the remuneration according to the contract.

Take credit cards as an example. A receipt usually refers to a bank. You buy things by credit card, sign and leave. The merchant leaves your signed purchase order and gives it to the bank that sends it to the credit card machine. This bank is an acquiring bank. After receiving your purchase order at that time, the acquiring institution will pay the merchant according to the above amount. Businessmen will get the payment.