Can a bank be both issuer and acquirer?
Banks can and commonly do hold both roles. Many large banks, for example, issue credit cards and offer deposit accounts as part of their consumer-facing personal services (issuing) and also provide what they call merchant services (acquiring).
Banks can and commonly do hold both roles. Many large banks, for example, issue credit cards and offer deposit accounts as part of their consumer-facing personal services (issuing) and also provide what they call merchant services (acquiring).
