arvato Financial Solutions, a leading global financial services provider, has chosen Credorax, the digital merchant acquiring bank, as an acquirer.
Awarded “Best Merchant Acquirer” of 2014, Credorax specifically caters to the needs of e-commerce and m-commerce merchants. Through its Smart Acquiring solution, Credorax provides partners and customers with a single, unified and automated global-domestic platform for efficient and cost-optimised acquiring complemented by value-added business tools and dedicated customer care.
In addition, since Credorax is a licensed acquirer in each local jurisdiction within the countries it practices banking in, cross-border customers that enter these local markets deal with local vs. foreign banking fees. In other words, they significantly reduce the banking and exchange fees associated with cross-border e-commerce. Arvato Financial Solutions is increasingly supporting technologies that radically simplify all kinds of payment flows. As such, arvato customers who process payments through Credorax, now have access to this Smart Acquiring solution and its financial benefits.
Credorax’s end-to-end NextGen acquiring and onboarding system ensures that merchants are set up with maximum speed and efficiency, taking them from application to payment acceptance in just days!
Source: Credorax Financial Solutions
