by Jonathan Shieber (@jshieber)
Managing the arcane arts of processing transactions for online purchases is a complicated job. Once a shopper enters the numbers on their card, the expiration date on their credit card, and their zip code, a complicated machinery of transaction processors springs into action representing both buyer, seller, and processing network in a matter of seconds. Until now, most of the infrastructure to support those sales existed in silos, but Credorax, a small startup based outside of Boston in Southborough, Mass. is looking to change that.
Boston, MA - September 24, 2014 — Credorax, the Digital Merchant Acquirer, today announced that it has received a license from Japan's Ministry of Finance.