Issuing Bank

Merchant Account Glossary I Issuing Bank

A bank or financial institution that is a licensed member of Visa and MasterCard that provides cardholders with a line of credit for cash advances or purchases, and is responsible for payments to an acquiring bank for purchases made by the cardholder.

Some of the largest issuing banks and financial institutions are:

Bank of America
Citi Bank
MBNA

Questions & Comments

Join Newsletter

The information provided on Merchantcouncil.org is meant for informational purposes only and is posted without warranty. It does not replace or amend any information or guidelines set forth by card brands. Merchantcouncil.org does not provide electronic processing services. Please see our full terms of use.