Acquirers

Payment acquirers are a key part of the payment ecosystem acting as financial institutions that enable merchants to accept credit, debit card payments and other payment instruments for facilitating purchase transactions. They handle the authorization, capture, and settlement of transactions, ensuring funds are securely transferred from the customer's account to the merchant. Additional payment types like pay by Bank, BNPL and other alternative payment types are enabled by these payment providers from participating merchant locations. NewNet offers a comprehensive suite of payment solutions for the Payment Acquiring with expansive capabilities of integrated payment platform and multimode, omnichannel payment solutions for RTP, Cards, Token, Wallets, Ecommerce payments etc.