An acquirer is a financial institution that is licensed by Mastercard to help a merchant accept Mastercard payments. If you're an established merchant with significant transaction volume, this might be the option for you.
A payment facilitator maintains the direct relationship and holds the merchant account with the acquirer on behalf of sub-merchants, which are typically either new or small merchants.
The payment process, demystified
If you’re not sure what happens behind the scenes, we'll help you understand the payment process from start to finish