Credorax
 | |
| Private | |
| ISIN | 🆔 |
| Industry | Payments, E-commerce |
| Founded 📆 | 2007 |
| Founder 👔 | |
| Headquarters 🏙️ | , |
Number of locations | Malta, London, Tokyo, Tel Aviv |
Area served 🗺️ | |
Key people | Igal Rotem, Chief executive officer; Joshua Floum, Chairman |
| Products 📟 | Merchant acquiring |
| Members | |
Number of employees | 250 |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Credorax is a digital merchant acquirer headquartered in Boston, United States.[1][2] The company is licensed to provide online payment processing and acquiring bank services in 30 countries of the world including the entire European Union, Japan and the United States.[3][4]
History[edit]
Credorax was founded in 2007 as a digital acquiring bank for online merchants.[5] In 2010, the company acquired license to operate under the EU Payment Services Directive (PSD), and a principal member of Visa Europe and MasterCard.[6] In August 2014, they secured acquiring license for Japan and in December 2014, for the United States.[7] In June 2015, the company received its European commercial banking license.[1] and launched ePower 2.0, a single, unified and automated acquiring platform that enables merchants to work with one acquiring bank and platform for all global transactions.[2]
Overview[edit]
Credorax is headquartered in Boston, United States. It provides online payment processing and acquiring bank services for both domestic and cross-border international marchants.[8] European merchant customers can process and settle payments from any other country as European domestic transactions.[9] In addition to its acquiring licenses, the company also holds a European commercial banking license.[1]
Partnership[edit]
The company has partnership with Vantiv, arvato Financial Services, Digital River, Paysafe Group, ModusLink Global Solutions and Payoneer.[10] The firm also has partnerships with regional payment service providers and supply chain companies.[11][12]
Notes[edit]
- ↑ 1.0 1.1 1.2 "Credorax secures commercial banking licence".
- ↑ 2.0 2.1 Snyder, John P. (1997). Flattening the earth : two thousand years of map projections (Paperback ed.). Chicago: University of Chicago Press. p. 54. ISBN 978-0226767475. Search this book on
- ↑ Gage, Deborah. "Credorax Banks $40M for International Expansion".
- ↑ "Data Sheet—Tuesday, October 28, 2014". 28 October 2014.
- ↑ "Firm Eases Cross-Border Online Payments".
- ↑ "Acquiring a presence in Europe from Malta - The Malta Independent".
- ↑ "Alon Eliya Bigler, Credorax: "Our vision is to continue to be a global bank for the merchant"".
- ↑ "Data Sheet—Tuesday, October 28, 2014". 28 October 2014.
- ↑ "Arvato Financial Solutions Choose Credorax as a Merchant Acquiring Bank for European E-Commerce Customers - Payment Week". 22 July 2015.
- ↑ CardNotPresent.com, D.J. Murphy, Editor-in-Chief,. "Vantiv Signs International Acquiring Agreement with Credorax - March 17, 2016 CardNotPresent.com".
- ↑ "arvato chooses Credorax as merchant bank for European e-commerce". 22 July 2015.
- ↑ "Vantiv and Credorax expand card-not-present service » GTNews.com".
External links[edit]
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