App55, a UK-based online payments provider, has selected US-based online payment processing provider Credorax as preferred partner to expand its One-Click solution across the European e-commerce and m-commerce markets.
The App55 Vault technology solution will enable customers to pay online with any connected device through a single password.
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App55 founder and CEO, Richard Beaton, said: "We are excited to have Credorax come on board as our new preferred Acquirer, thanks to their ability to provide our merchants with a fully digital, secure and painless acquiring experience.
"In particular, we are delighted that our merchants can take advantage of Credorax’s completely paperless Merchant Onboarding, which will enable them to set up an account and start collecting payments in a matter of days."
Merchant Onboarding provides PSPs and merchants with a cloud-based CRM software tool to easily and independently conduct the onboarding process.
Credorax chief revenue officer, Moshe Selfin, said, "The synergy between our two PCI-DSS compliant technologies will provide merchants with the peace of mind and confidence they need in order to offer consumers a safe pay-by-password online and mobile payment check-out option."
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