The best places to get some sun in January 2019

Got the post holiday blues? Why be blue when you can be sunshine yellow with a spectacular winter-sun destinations?

With our partner Kiwi.com, one of Europe’s leading online travel agencies, the hot burning sun is just a flight away! Don’t know where to go? Don’t worry, they’ve got you covered. Check out this amazing list of hot, hot, hot destinations and keep those blues away for good this winter!

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8 Steps Merchants Are Taking Right Now to Get Through the Holiday Season

‘Tis the season for merchants to focus on holiday sales.

Thanksgiving, Black Friday and Cyber Monday officially open the holiday season. Combined, they have become one of the best shopping periods of the entire calendar year. Originally a US-focused phenomenon, this obsession to ‘find the best deals’ has spread like wildfire across the globe. In recent years, this weekend has become the optimal time for merchants to increase their sales and generate strong profits by offering customers some great deals both in stores and online.

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Meet our Superwomen, France Blanchard and Lital Bar Noy, nominees for the European Women in Payments Awards 2018!

We are so proud that not one, but two of Credorax’s super women have been shortlisted for the European Women in Payments (EWPN) Awards. France Blanchard, Senior Vice President Business Operations, is up for ‘The Payments Woman of the Year‘ award.

While our Vice President Product,  Lital Bar Noy, is nominated for EWPN’s ‘The Young Innovator’ Award.

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Expanding globally? Add local currencies like Kiwi.com

All Business is Local & Sometimes Exotic

We have found that when a merchant accepts local currencies, their approval rates usually increase. This might seem like common sense and easy to achieve – but it’s not. E.g. some regions can present greater challenges. Latin America countries are very local and want to keep it that way. If they see international traffic, they will often decline payments. So, it’s hard for foreign companies to get a foothold in the market there, despite the size of the continent.

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Avoid Getting Ripped off During Your August Holiday

August is here and that means many of you are traveling around the globe. Visiting exotic destinations is obviously thrilling and isn’t it always even more pleasant when you can save a bit on travel expenses here and there.  As a global Acquirer in the travel space, we are lucky to have first-hand knowledge on this subject and this summer we want to share it with you through our ‘Credorax Around the Globe’ two-part blog series.  

Enjoy part one below, which gives you some good tips on exchanging money at the best rates and tune in next week for part two, where we focus more on smartest ways both consumers and businesses can benefit when selecting the right online travel agency.

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Faster-time-to-Money: The Name of the Game for Small Businesses

Lars Pedersen, CEO of Creditcall, shares his insights on SMEs growth within the payments industry.

The SME market continues to be underserved by payment institutions, still not having the same tech solutions as larger companies. Their top pain point and frustration is delayed or fragmented payment solutions. More often than not, SMEs still use non-integrated multi-channel vs. integrated omni-channel solutions. This is particularly true and prevalent in the retail market.

In so many cases, business owners manage multiple standalone payment solutions: one in-store, another for their e-commerce activities and yet a separate accounting application – and to exacerbate this migraine of inefficiencies, typically none of these systems speak to each other.

Small- and medium-sized enterprises are missing out on an estimated £1.6 billion by not accepting next-generation payments technology such as one-click ordering and ‘conversational’ transactions, according to research from Barclaycard.

To address the unique needs of the retail market, Creditcall and Credorax recently partnered to launch an integrated omni-channel payment platform for the European SME market. The solution most notably reduces time-to-market for merchants, cutting down on the delays caused by EMV certification processes, payment gateway integrations and acquiring setups.

The end-to-end service includes online, mobile, in-store, and unattended payments acceptance, with a rapid certification service for ISVs, ISOs and payment facilitators targeting the European market.

Nearly one in four small retailers admits they have lost customers because of a lack of emerging, but increasingly popular payment options – rising to two thirds when modern technology such as contactless, online payments, mobile and wearable devices are taken into account.

The partnership provides an optimized end-to-end service. Creditcall facilitates fast and easy deployment through its portfolio of SDKs and APIs, enabling multiple payment devices to be supported within days on multiple channels across Europe. Then, Credorax’s digital onboarding and quick MID setups fast tracks the process significantly. The new offering delivers an integrated payment gateway, a broad choice of payment devices, credit card processing, and state-of-the-art reporting for seamless and automated back-end reconciliation.

So go ahead, mind your businesses, grow them – because technology is here to make it easier for you to focus on what you do best.

Insights from Lars Pedersen, Creditcall CEO

Survey Says: U.S. Consumers & Businesses Alike Demand Pragmatic Fintech Solutions to Ease Their Financial Woes

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Ringing in the holidays, means nearing the end of year, and at Credorax we decided to take a moment to reflect on the major transformation the fintech industry experienced in 2016. While Blockchain and IoT obviously made every Top 10 Trend List, let’s be honest, the biggest trend – or more bluntly put, game-changer – was the end of the so-called fintech unicorns.

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New study: B2B Digitalization Drives More Revenue

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When it comes to embracing change, B2B is following – slowly – in the footsteps of B2C. Businesses that are focused on B2B have to overcome more hurdles to make those changes, including legacy systems and more traditional processes.

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Merchants Will Become the Real Drivers of Change in the Payments Ecosystem

Editor’s note: What trends lie ahead for the payments industry in 2017? We’ve invited Kieran Hines of Ovum to highlight some important ideas for the coming year. Are you ready for retailers’ needs to shape your payment services practice? See what our guest blogger has to say.

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As we closed 2016, it became very clear that 2017 will be another year of major change in the retail payments industry. One trend that will be particularly key will be the growing importance of merchants – and retailers in particular – in setting the innovation agenda for acquirers, payment gateways and other PSPs.

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Digital Payments: Growth and Development

imageCapgemini has released its 2016 World Payments Report (WPR)! Along with the rest of the payments industry, we are keeping a close eye on the developments worldwide, so we can respond to the needs and wants of our customers and consumers at large.

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