What is the difference between acquirer and processor?

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Tags

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2. #company
3. #refer
4. #actually
5. #institution
6. #functions
7. #acquirer
8. #while
9. #transactions
10. #payment
11. #credit
12. #issuing
13. #processes
14. #financial
15. #different
16. #banks
17. #interchangeably
18. #sometimes
19. #communicates
20. #processor
21. #terms