The authorization network is the communication network employed and paid by the acquirer to electronically transport the transactions. ROI has professional relationships with the authorization networks who formally certify that ROI software is compatible with their communication and data formatting requirements. ROI, however, has no formal relationships with banks, authorization networks, acquirers, or service providers, that results in payment to ROI for transactions of our clients. We may recommend particular ones, but that is only based on the needs of the merchant and the appropriateness of the offerings of those we recommend. You may be able to reduce your cost for each credit card transaction by negotiating a better rate with your bank or acquirer.
Some banks also act as acquirers, but many use a third party.
Some acquirers also act as authorization networks. Some companies offer unique services that may be important to your type of business.