Are you watching the world grow more connected before your eyes? It’s only natural that online merchants see this growth as an opportunity. Increasingly, it is becoming vitally important that online merchants be fully prepared to sell not only “locally” but also to reach into cross-border commerce. PYMNTS.com has been studying factors that separate the most successful cross-border merchants from the rest of the pack. They recently published their quarterly index, which not only shares recent news but also compares 2016 to previous years.
Get to know our people through their management values, at a glance!
At Credorax, our core values drive our daily work. As a technology company, innovation, ambition and exacting execution keep us ahead of the pack. But equally important are the “old-fashioned” values of integrity and communication, which have allowed us to build teams that are imbued with trust and ready to do our best for every client, big or small.
Gearing up for Money2020 Vegas, we decided to publish information about our tools and services in an easy-to-read format, so that our current and future customers can readily understand what we do and why it is so important for the borderless economy. E-commerce is growing rapidly, and in 2015 cross-border e-commerce represented about one-fifth ($304 billion) of all transactions! It is vital for merchants to have a seamless and streamlined acquiring bank they can trust to provide superior security, functionality and customer service.Continue Reading
As a FinTech company, we are always happy to see market support for the solutions we provide. We are working to make cross-border payments simple, accessible, quick and safe. The growth of technology and its support of global e-commerce has been fantastic, and we believe that digital payments are a great equalizer. It’s now possible for small businesses to compete in the online space among much larger outfits, capitalizing on the use of digital payments that range from credit cards to e-wallet.
Supply chain and logistics companies in today’s market already maintain expertise in several areas, such as logistics, delivery, invoicing and digital services. Recent industry surveys indicate that adding and enhancing e-commerce or payments services as part of the end-to-end solution puzzle, reaching out to these companies’ well-established customer bases, could aid an increasing pinch at the margins of supply chain services.
Tony Craddock, Director General of the Emerging Payments Association, Comments on Credorax’s Latest Whitepaper, “PSPs Why Does Your Choice of Acquirer Determine Your Future Success?”
Payment Service Providers (PSP) servicing global e-commerce merchants are often stuck between the devil and the deep blue sea.
Their lovely merchants are crying out for more, while internal compliance and commercial teams are screaming for them to do less. And, circling ominously, their shark-like competitors are promising merchants heaven and earth at every turn.
It’s not a great place to be.
McKinsey & Company published a new report in November 2015 that highlights the key role digital disruption is playing in redefining global payments. Entitled Global Payments 2015: A Healthy Industry Confronts Disruption, the report examines how certain inefficiencies in the payments landscape are actually creating opportunities and driving innovation.Continue Reading
Last month’s Emerging Payments Awards in London was truly a night to remember for Credorax. We took home awards for both Merchant Acquirer of the Year and Best Emerging Payments Marketing Campaign of the Year. We are honored to have been recognized for the hard work we put into serving payment service providers and clients around the world.Continue Reading