Acquiring

Accepting payments by bank cards. In «crypto ↔ card» exchanges, bank acquiring is involved, with its own limits and rules.

In more detail

In «crypto ↔ card» exchanges, bank acquiring is involved, with its own limits, fees and rules. It is convenient but carries a chargeback risk for the seller and heightened bank anti-fraud attention. Because of this, the card rate is sometimes worse than via SBP or cash.

See also