Why U.S. E-Retailers Need Cross-Border Acquiring

CRX_Blog_Img_16_large_2From fashion to travel, many U.S. online retailers are starting to see between 10 to 20 percent of their traffic coming from European-issued payment card products. Because setting up physical branches in local EU countries is rather expensive, online retailers tend to opt for keeping their businesses virtual.Continue Reading

The Story Behind Our Best Merchant Acquirer Award

CRX_Blog_Img_07.award_largeWe were thrilled to have been named Best Merchant Acquirer of 2014 at the recent, prestigious FSTech/Retail Systems Payments Awards ceremony. The gala event in London also awarded other global retail and payment companies in additional categories, including Starbucks, Skrill, PayPoint and Barclaycard among others.

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Visa Europe’s CBDIP To Benefit Merchants and Acquirers

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The ongoing saga between Visa and the European commission looks like it’s finally coming to a close. The story goes back to July 2012, the European Commission initiated proceedings against Visa Europe with regard to the company’s policy on Multilateral Interchange Fees (MIFs) for consumer credit cards. The EC was concerned that Visa’s fee policy may have violated EU antitrust rules.Continue Reading