Company logo: credorax

Credorax

Credorax is a global merchant acquiring bank with cross-border processing capabilities, specializing in online commerce and omni-channel payment transactions (e

Self-Description

Credorax is one of the first technology companies to evolve into a full-fledged, commercial bank specialising in merchant acquiring services. Licensed by the Malta Financial Services Authority (MFSA), Credorax continues to fundamentally change the landscape of traditional merchant acquiring, by staying deeply anchored in its fintech roots, constantly using its technology assets and acumen to specifically address the unique needs of e-commerce merchants of all sizes. Global merchants and payment service providers continue to select Credorax as their preferred acquirer due to its well-earned reputation in the payments market as the Smart Acquirer. Combining state-of-the-art banking technology, value-added partner and merchant services and 24/7 dedicated, step-by-step personal guidance, Smart Acquiring is a unique business model that ultimately ensures customers successfully navigate and flourish in the e-commerce arena. Credorax has evolved into a global enterprise through its worldwide financial and corporate growth, with over 200 employees spread across Europe, US, UK, Malta, Israel, Japan and China.

Primary Company Info

Headquarters:
Valletta, Malta
Country:
Malta
Year Founded:
2007
Active Markets:
Global

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.