Vantiv Signs International Acquiring Agreement with Credorax
March 17, 2016
Cincinnati-based payments processor Vanitv this week announced a partnership with global acquirer Credorax that will enable its U.S.-based merchants to sell their products internationally more easily. Under the agreement, Vantiv merchants will be able to process and settle cross-border card transactions in 34 local currencies. Vantiv said the partnership also enables its U.S. customers to reach international markets that previously posed regulatory, cultural, and technological challenges, resulting in a faster track to innovation.
“Credorax brings a unique combination of international acquiring coupled with technical agility,” said Greg Worch, senior vice president of e-commerce sales at Vantiv. “Our alliance with Credorax allows our customers to expand into global markets, while working directly with Vantiv for integration, reporting, and servicing.”