Small World picks Credorax to streamline European payments
Global money transfer service, Small World, has partnered with Credorax for a unified payment solution across Europe, reports Jane Connolly.
The NextGen merchant acquiring bank will provide Small World with a tailor-made smart payment solution, built in conjunction with two other companies. Small World aims to consolidate all its activity and accept payments from terminals across Europe.
Credorax will supply the financial back-end infrastructure, acquiring services, transparent reporting, competitive fees and card acceptance. As part of the solution, NMI will provide the front-end gateway and technology to operate the terminals, while Hemisphere West manages logistics and installations.
“Expanding globally requires the most robust and scalable solution available and Credorax was the obvious choice,” says Small World founder and CEO, Nick Day. “With a quick and easy implementation, we have the benefits of Credorax’s suite of services – smart acquiring, payment acceptance, back-end insights, clear reporting tools, user-friendly interface, account management and fee transparency.”
The solution includes Credorax’s Insights platform, which provides real-time data.