Industry Payments, E-commerce Website www.credorax.com CEO Igal Rotem Number of employees 250 | Products Merchant acquiring Headquarters Boston Founded 2007 Type of business Private | |
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Number of locations Malta, London, Tokyo, Tel Aviv Key people Igal Rotem, Chief executive officer; Joshua Floum, Chairman Locations Malta, London, Tokyo, Tel Aviv | ||
Interview with benjamin nachman ceo of credorax
Credorax is a digital merchant acquirer headquartered in Boston, United States. 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.
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History
Credorax was founded in 2007 as a digital acquiring bank for online merchants. In 2010, the company acquired license to operate under the EU Payment Services Directive (PSD), and a principal member of Visa Europe and MasterCard. In August 2014, they secured acquiring license for Japan and in December 2014, for the United States. In June 2015, the company received its European commercial banking license. 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.
Overview
Credorax is headquartered in Boston, United States. It provides online payment processing and acquiring bank services for both domestic and cross-border international marchants. European merchant customers can process and settle payments from any other country as European domestic transactions. In addition to its acquiring licenses, the company also holds a European commercial banking license.
Partnership
The company has partnership with Vantiv, arvato Financial Services, Digital River, Paysafe Group, ModusLink Global Solutions and Payoneer. The firm also has partnerships with regional payment service providers and supply chain companies.