HelpFor legal entitiesAcquiringAcquiring for vendingWhat is the difference between merchant acquiring and online acquiring?

What is the difference between merchant acquiring and internet acquiring?

Merchant acquiring and internet acquiring are services for accepting cashless payments from customers. However, they operate differently.

  • Merchant acquiring is used at points of sale. The customer pays for the purchase by card or smartphone via a terminal. The funds are first transferred to the acquiring bank and then to the company's current account.
  • Internet acquiring is connected for servicing online stores and services. Payment is made entirely on the website. The customer enters card details or pays for the purchase via a payment system. All settlements are made without the use of a terminal.

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