What does Credorax do?
Agnostic, Pure Online Payments Player Credorax is an agnostic, pure-player in the online payments arena. It can therefore provide solutions to every player in the market, including direct merchants, PSPs and other acquirers.
Who owns Credorax?
Igal Rotem
Credorax
| Type | Private |
|---|---|
| Headquarters | Herzliya, Israel |
| Key people | Benny Nachman (Founder & former CEO) Igal Rotem (CEO since 2016) Moshe Selfin (CTO & COO) |
| Products | Acquiring Technology, Banking Technology, Payment Technology, Processing Services, Information Based services |
| Website | www.credorax.com |
Where is Credorax located?
Southborough, MA
Credorax is headquartered in Southborough, MA and has 5 office locations across 5 countries.
What is acquirer in banking?
The acquirer – also known as a credit card bank, acquiring bank, or merchant – is a bank or financial institution that’s licensed as a member of a card association (like Visa or Mastercard), that creates and maintains the merchant’s bank account.
Is credorax a bank?
Credorax is a licensed NextGen merchant acquiring bank providing cross-border processing for ecommerce and omni-channel payments. Credorax merchants process in over 120 currencies, accept a wide range of alternative payment methods, and get paid in their currency of choice. …
Is Cardstream secure?
Security: Cardstream offers ‘PCI DSS Level 1 Compliant’ anti-fraud features, as well as 3D Secure payments. These are important to keep you and your customers safe. This makes Cardstream a good shout for subscription-based businesses.
What are acquiring services?
Merchant acquiring is a range of services for payment execution and processing, conducted with the use of payment cards as part of the service provided to a merchant. In simple words, it is a service provided for merchants to enable them accepting credit card or debit card payments.
What acquirer means?
An acquirer is a company that obtains the rights to another company or business relationship through a deal. Commonly, acquirers are also financial institutions that acquire the rights to a merchant account that allows them to service and manage the merchant’s bank account related to customer electronic payments.
What is acquirer and issuer?
Acquirers allow you to accept payments through their relationships with the card networks. Issuers enable customers to make payments in much the same way. Acquirers authorize and process transactions but rely on issuers to validate credit cards and issue payments. In short, they have a symbiotic relationship.
What is Cardstream payment?
Cardstream is an independent provider of payment solutions, giving access to all payment options including credit card, debit card, wallets, alternative payment methods – all from a single platform and open API. Fast forward your payments business with Cardstream.
Is Allied wallet still in business?
BBB Rating: Allied Wallet has an “A” rating with the Better Business Bureau and has received 3 complaints in the past 3 years. Its accreditation has been revoked by the BBB as of December 2020.
What is acquiring payment?
Acquirers, also known as Merchant Acquirers, basically collect card based payments which have been accepted from Retailers. They aggregate and separate those payments and then send them to Card Issuers, normally via the respective Card Scheme (e.g. Visa/MasterCard) networks, known as ‘interchange’.
What kind of bank is credorax in Europe?
Credorax is a Merchant Acquiring Bank, specializing in cross-border e-commerce. Awarded ‘Best European Merchant Acquirer of 2015’, this Fintech turned MFSA-licensed European commercial bank provides a centralized payment platform and acquiring solution for large enterprises.
Who are the main executives of credorax Corporation?
Credorax’s key executives are Igal Rotem, Aviram Shemer and Moshe Selfin. How many employees does Credorax have? Credorax has 294 employees.
How much money has credorax raised to date?
With services designed to be flexible, scalable and fully customized to individual needs, Credorax combines pioneering technology with a uniquely service-oriented approach for exceptional business results. Credorax’s latest funding round in October 2014 was reported to be $40 m. In total, Credorax has raised $80 m