Computop, Credorax Partner for Cross-Border Payments

May 16, 2016

Computop, Credorax Partner for Cross-Border Payments German PSP Computop and Boston-based global acquirer Credorax this week unveiled a partnership that will enable Computop merchants to more easily access cross-border e-commerce markets. Under the agreement, merchants running the Computop Paygate platform will be able to process cross-border payments in a variety of currencies and payment methods. The companies also said Credorax’s technology offers the use of local BINs, which will enable merchants to optimize interchange costs and approval rates.

“By integrating Credorax into Computop Paygate, we are allowing merchants to take advantage of local and international acquiring while benefiting from our large scope of accepted local and alternative payment methods,” said Andre Malinowski, head of international business at Computop. “That’s a worry-free payment solution for companies with global expansion plans.”