o four years. Card Networks (e.g. Visa, MasterCard): Provider of the infrastructure for card payment information to flow from the Acquiring Bank to the Acquiring Processor. Issuing Bank: The financial institution that issues the Buyer's payment card. Acquiring Bank: The financial institution associated with the Acquir

re passes the payment transaction information to the Acquiring Processor via an intemet connection. Square pays a small fixed fee per transaction to the Acquiring Processor. 118 Table of Contentr, 5. The Acquiring Processor routes the payment transaction to the appropriate Card Network affiliated with the Buyer's car