Credorax Partners With Cisco to Boost Payments Gateway to the Next Level
Credorax, one of the first Fintech companies to evolve into a licensed European Merchant Acquiring Bank, has partnered with Cisco as part of an effort to upgrade and automate its data-center capacity, latency and assurance. Credorax's system is already considered one of the fastest in the world with its cutting-edge high throughput, low latency, and multi-continent redundancy, and Cisco's technology will allow Credorax to push the envelope even further in terms of decreasing transaction latency and increasing throughput. Cisco's software solution for centralized management and monitoring of network components will play a significant role in Credorax's solutions, simplify their roll-out of new products and reduce ongoing cost of ownership. As a licensed merchant acquiring bank, Credorax helps merchants accept payments easily with its recently launched Source gateway. I am confident that this project is the first milestone for a successful cooperation between the two companies." Moshe Selfin, Credorax CTO & COO stated: "We're thrilled join forces with Cisco. We have always strived to provide best-class service to our customers, and are confident that by incorporating Cisco's network platform for data capacity and processing speed into our NextGen payments and acquiring platform, we are offering our merchants the best technology on the market."