Payworks and Credorax will collaborate to create chip and PIN mobile payment service

Wed 03 Apr 2013

German payment provider Payworks launched cooperation with the American provider of processing services Credorax in order to create and implement the mobile payment processing platform with chip and PIN support. Under the agreement, Credorax will be a digital acquirer for merchants who deal with the processing of EMV transactions through mobile payment processing platform Payworks. Thanks to this mobile payment providers will be able to activate more traders in a shorter period of time.