SOURCE: Credorax

Credorax

November 18, 2014 08:00 ET

ModusLink and Credorax Partner to Provide Complete E-Commerce Acquiring and Payment Processing Solutions to Cross-Border Merchants

BOSTON, MA--(Marketwired - Nov 18, 2014) - ModusLink Global Solutions, a leading omni-channel technology and fulfillment provider, and Credorax, the pure-play acquirer for merchants and PSPs, today announced their partnership to offer joint e-commerce merchants, comprehensive and powerful payment processing solutions and services.

ModusLink's online merchants will leverage Credorax's next-generation acquiring solutions to optimize operational procedures and maximize business growth. Through a single, completely automated and digital platform, Credorax enables merchants and PSPs to manage and conduct all of their online payments business through a single source instead of fragmented solutions dispersed in different geographical locations.

The partnership with Credorax demonstrates ModusLink's continuous commitment to working with 'best-in-class' companies to empower clients to quickly and easily expand into new regions and countries. ModusLink works with its e-commerce clients to reach their revenue goals, drive growth and build their brands around the globe, leveraging their unique, integrated optimization and business-growth e-commerce capabilities.

"One key area that truly sets Credorax apart from other acquirers is its vibrant and responsive team of thought leaders. The company truly understands our business and is always two steps ahead of what we need. Our proven technology infrastructure supporting aligned functional business processes together with their robust, flexible smart acquiring and easy-to-use merchant onboarding is a winning combination," said Bram Barendregt, Vice President & General Manager e-business.

"We are thrilled to be strategically aligned with ModusLink and have our next-generation payment platform complement their end-to-end e-commerce solution," said Koen Vanpraet, Chief Commercial Officer of Credorax. "We share in the same vision to help e-commerce merchants quickly and easily expand into new regions and countries." 

About ModusLink Corporation:

ModusLink Corporation, a wholly owned subsidiary of ModusLink Global Solutions Inc. (NASDAQ: MLNK), is a global, omni-channel technology and fulfillment provider that gives clients real-time visibility into their end-to-end supply and demand chain operations, with expertise and facilities worldwide to manage forward and reverse logistics. ModusLink is also affiliated with @Ventures which provides venture capital and growth resources to early stage clean technology companies. For more information, please visit www.moduslink.com.

About Credorax:

Credorax's Smart Acquiring solutions are based on its proprietary payment platform, ePower™, a Unified Transaction Processing & Acquiring platform built to optimize the payment and acquiring lifecycle process for multi-channel retail environments. Credorax is the first high-tech company to become a principal member of Visa and MasterCard and a PSD-licensed financial institution in Europe. For more information please visit www.credorax.com or follow on Twitter @credorax.

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