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Online Payments

Credorax and AltaPay power ecommerce solution, boost Caxton FX`s business

Thursday 5 November 2015 | 11:42 AM CET

Credorax, a global merchant acquiring bank, and AltaPay, a global payment management provider, have partnered to provide both B2B and B2C global businesses with a customer-centric and revenue-driven integrated payment solution.

By achieving increased transaction approval ratings of over 90%, UK-based currency services provider, Caxton FX, serves as an example of one of the many customers to benefit from this joint endeavour. Through AltaPay’s agile, global payment processing solutions, combined with Credorax’s technical capabilities and extensive expertise in solving ecommerce complexities, Caxton FX has been able to further optimise their operational processes through this partnership.

Credorax and AltaPay are specifically providing ecommerce solutions for Caxton’s B2C consumer-based prepaid ‘Currency Cards’. Both Caxton and its consumers have profited from this partnership. While consumers are enjoying frictionless top up of their prepaid FX cards, Caxton has been able to increase revenue due to higher approval rates inevitably leading to higher conversion rates.

For more information about Altapay, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

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