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News

Mobile Internet Capital invests in Credorax

Tuesday 9 April 2013 09:22 CET | News

US-based Credorax, a provider of technology for the processing of online payment transactions and a Financial Institution licensed under the EU Payment Services Directive (PSD), has received an investment from Japanese venture capital firm Mobile Internet Capital, entering Japan’s card-not-present arena.

Credorax provides online payment processing and acquiring bank services to online merchants worldwide. Credorax is a licensed financial institution and a Visa and MasterCard principal member.

In recent news, German white-label mobile payment company payworks has selected Credorax as an acquirer for its chip and PIN mobile payment processing platform.


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Keywords: Mobile Internet Capital, Credorax, US
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce

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