Acquiring Banks

It is vitally important to have a solid and credible working relationship with an acquiring bank for all PSP’s in order to offer merchants a range of merchant accounts. Finding the most suitable acquiring bank to set up this working relationship can be a complex and rather stressful procedure, and so it is advised that PSP’s obtain the help of a professional consultancy firm to locate and introduce them to a suitable acquiring bank. DeltaQuest consultants can help PSP’s from the initial filing of documentation and application forms to setting up the relationship with the acquiring bank.

What is the role of an Acquiring Bank

For a payment service provider (PSP) to offer merchant accounts to merchants they must first acquire a working relationship with an acquiring bank. The acquiring bank will enable the PSP to offer merchant accounts from the acquiring bank to a wide range of merchants. The acquiring bank is a vital component to the whole process of offering merchant accounts by a payment service provider. DeltaQuest can provide the necessary advice and guidance to PSP’s to enable them to offer merchant accounts from an acquiring bank.

Assisting PSP’s with finding an Acquiring Bank

DeltaQuest are equipped to introduce the PSP to a suitable acquiring bank in order to establish a successful and solid working relationship. This working relationship between the acquiring bank and PSP will enable the PSP to offer merchant accounts to merchants wishing to offer their customers payment solutions.

We are experienced in all areas of payment processing and can help PSP’s to fill in the necessary documentation and submit the application form to the acquiring bank. Our professional and dedicated consultants will ensure you have the support and guidance required to obtain a successful working relationship with the acquiring bank.

For more information on how DeltaQuest can assist you with finding an acquiring bank, or to proceed with finding a suitable acquiring bank, please Contact Us.

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