NC Company Overview
Credorax is a payment processing and merchant acquiring company that serves the e-commerce sector. Credorax operates in a number of online verticals, including online travel agencies and online gaming companies. It aims to provide digital companies with unattended POS services, payment facilitators, and e-commerce transaction management that is suited to their e-commerce infrastructure, and can help customers find the right solution for their own users and business model. Credorax strives to remove paperwork and make every part of the process 100% online.
Credorax, based in Southborough, Massachusetts, USA, has a global team with operations in the UK, Japan, Malta, and Israel, as well as the US. It became a merchant acquiring bank in 2008 after noticing that there was a need in the e-commerce market for these kinds of services, however, prior to that Credorax was operating as a tech company.
As of April 2019, Credorax has over 200 employees and provides payment processing and acquiring in 30 European countries. Its current focus is on the European market, yet it has acquired licenses for banking across three continents and is likely to expand its reach in the future. Businesses who have partnered with Credorax include Payoneer, Paysafe, Skrill, Vantiv, Nayax, and Dalenys.