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2021 Credorax Merchant Services Reviews: UK Fees & Pricing

Credorax

Credorax provides online payment processing and acquiring bank services to online merchants.  Credorax provides smart acquiring solutions to PSPs, IOSs, PFs and merchants.  The company owns multiple bank licences, supports over 100 currencies and accepts merchants in over 32 EU/EEA countries.

Credorax Plans and Pricing

Credorax doesn’t list its pricing and payment plans online.  These must be obtained directly from the company.

To see how they compare, have a look at: UK Merchant Account and Debit Card Processing Fee Comparison.

Credorax Features

  • Fast merchant onboarding
  • Fast application processing
  • Transaction clearing and settlement
  • Advanced fraud management
  • PCI compliant
  • 3D secure
  • Multi-currently settlement
  • Multi-currency processing
  • Chargeback representation service
  • Subscription billing
  • Superior data management
  • Detailed business analysis
  • Online transaction management
  • Wide range of professional services
  • Dedicated account manager
  • 24/7 customer support via telephone, email and web
  • Multichannel Retailing Options

Company Background

Credorax was founded in 2007 by Benjamin Nachman, who had been working in the online payments market for over 10 years.  He had noticed that while online merchants were enjoying state-of-the-art technology, they were being serviced by archaic systems within the acquiring banks.  Nachman launched Credorax as a high tech acquiring company which could address these shortfalls.

Credorax is one of the world’s first high tech companies to become a principal level member of Visa and MasterCard and a licenced financial institution.  Mr Nachman says, “Credorax’s Smart Acquiring solution is an offering that provides partners and merchants with a completely technology-driven unified payment processing and acquiring technology platform and service.”

Credorax is regulated by the Malta Financial Services Association and licenced across the EU28.  The company’s headquarters are in the United States, with offices in Malta, the UK, Japan and Israel.

Credorax Reviews

There are very few Credorax customer reviews online, it’s therefore not possible to give a fair Merchant Machine score at the moment.

Website:  https://www.credorax.com

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