March 15, 2016Blog Posts

Vantiv forges card-not-present partnership with Credorax

Finextra

Vantiv, Inc., a leading provider of payment processing services and technology for merchants and financial institutions of all sizes, and Credorax, a global merchant acquiring bank, today announced a partnership that bolsters the capabilities of Vantiv’s merchants to serve global consumers via card-not-present channels. As a result of this relationship, Vantiv’s merchants will now be able to process and settle card payments in the local currencies of 34 countries, which often results in lower international banking fees and higher transaction approval rates.

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