Credorax is a Merchant Acquiring Bank specializing in cross-border e-commerce payments. A Fintech company turned into an MFSA-licensed European commercial bank, Credorax was awarded Best European Merchant Acquirer of 2015 for its centralized payment platform and acquiring solutions for payment service providers and online retailers.
Founded in 2007, Credorax provides online merchants with digital acquiring services. In 2010, the company acquired its license to operate under the EU Payment Services Directive (PSD) and became a principal member of Visa Europe and MasterCard. In August 2014, Credorax secured an acquiring license for Japan and in December of the same year, a license to acquire in the United States. In June 2015, Credorax received its European commercial banking license and launched ePower 2.0, a unified, automated acquiring platform that enables merchants to process payments with one acquiring bank and platform globally.
Credorax Smart Acquiring Tools & Services
- Global acquiring platform
- Rapid digital onboarding
- Rich reporting
- Cloud-based customer portal
- Currency conversion tool
- Approval rate optimization
Credorax is committed to true customer advocacy and has a reputation for creating ‘tailor-made’ business and technology solutions.