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

SEPA Migration and the Future of Cross-Border Payments

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The SEPA initiative was launched back in January 2008 with the goal of improving the efficiency of European cross-border payments. Consumers and businesses were due to migrate to the SEPA payments format this past August, after a 6 month extension from the previous February 1st deadline. Now that August has come and gone, where do we stand vis a vis the broader goal of streamlining cross-border European payments?Continue Reading

Smart Acquiring: Digital Payments for the 21st Century

CRX_Blog_Img_01_largeWelcome to the official Credorax blog. We are excited to participate in the global payments industry conversation and we’re also looking forward to sharing important news about our rapidly growing company.

For visitors who’d like to learn more about Credorax and our aim, here is a quick intro to our story.Continue Reading