Credorax Bank Ltd
(3.2)
Great
(3.8)
Entity type
Merchant Acquirer
Client type
Business
License
46342
Country
Malta
Year
"2009"
Employee Count
201-500
Services
Total Score
Great
(3.8)
About Credorax Bank Ltd
Credorax offers online merchants payment processing and acquiring bank services. Credorax offers PSPs, IOSs, PFs, and merchants smart acquiring solutions. The firm holds numerous bank licenses, accepts merchants from over 32 EU/EEA countries, and supports over 100 currencies. Credorax is a principal level member of Visa and MasterCard and a licenced financial institution.
Pricing
Setup Fee
Monthly Maintenance Fee
MDR Rate
Rolling Reserve
Settlement Fee
Refund Fee
Monthly Chargeback Limits
1.5%
Currency
EUR
(Euro)
USD
(United States dollar)
AUD
(Australian dollar)
GBP
(British pound)
NOK
(Norwegian krone)
SGD
(Singapore dollar)
CAD
(Canadian dollar)
NZD
(New Zealand dollar)
CZK
(Czech koruna)
HKD
(Hong Kong dollar)
JPY
(Japanese yen)
ZAR
(South African rand)
CHF
(Swiss franc)
PLN
(Polish złoty)
SEK
(Swedish krona)
TRY
(Turkish lira)
Additional Information
Around 100 currencies
Restricted industries
Trustpilot reviews
Be careful using Credorax as payment gateway
Be careful using this payment gateway, they will disable you without any warning and blocking your money for a much longer period than written in the contract. We suddenly did not get our weekly settlement from them, without no notice and reason. Just after our lawyer contacted them they came with a letter that they can not provide anymore payment gateway services for us and they will block our money for 6 months. We had no chargebacks with them and have been using them for more than 3 years. They did not respect the contract to pay our blocked money of 100k euro, but with high pressure from our lawyers they in final payed us 20k less then they should without showing any chargeback from this period and why they payed us less than 20k. My option Credorax is a big scam company
Finscanner is an independent digital platform aiming to provide up-to-date access to worldwide financial services to improve customer experience and boost transactions.
On this page, you can see a detailed review of Credorax Bank Ltd Acquiring with reviews from real users and our experts. Credorax Bank Ltd provides the following services: API integration, Card processing solutions, Merchant Accounts, Recurring card processing, 3d secure payment gateway.
At the moment, Credorax Bank Ltd rating on Finscanner is 3.8 and on Trustpilot is 3.2.
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