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Credorax, ReD enter strategic alliance

Tuesday 17 September 2013 13:57 CET | News

Credorax, a US-based provider of technology for the processing of online payment transactions and a Financial Institution licensed under the EU Payment Services Directive (PSD), and global provider of fraud prevention and payment services ReD, have teamed up to offer an integrated, acquiring, payment processing and fraud prevention solution to new and existing customers of both companies.

Under the terms of the deal, ReD’s ReD Shield fraud prevention solution will be made available to Credorax customers through ePower, the latter’s payment processing and acquiring technology platform. Via ReD Shield, merchants will benefit from a secure acquiring and payment processing experience. Moreover, ReD customers will now be able to take advantage of Credorax’s range of solutions.

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

ReD delivers its payment fraud prevention and payment processing services to international clients ranging from global telecommunications to retail, travel, petroleum, banking and the e-commerce sectors. The company has offices in the UK, US, China, Australia and South Africa.

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


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Keywords: Credorax, ReD, alliance, online payment, fraud
Categories: Payments & Commerce
Companies:
Countries: World
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