Credorax Partners with Mondial Bony Service S.P.A to Offer Wider Payment Services to Italian Market and Beyond

Credorax Partners with Mondial Bony Service S.P.A to Offer Wider Payment Services to Italian Market and Beyond
10.06.2020 09:11 am

Credorax Partners with Mondial Bony Service S.P.A to Offer Wider Payment Services to Italian Market and Beyond


Today, leading smart payments provider and fintech bank Credorax, and Italian payment institution authorized by the Bank of Italy, Mondial Bony Service S.P.A announced a new partnership to broaden payment services available to Italian merchants and Mondial Bony’s customers. The partnership will enable Mondial Bony to provide Card Present Offerings and expansion into Card Not Present (CNP) transactions with one connection. Credorax will also be offering Mondial Bony smart payments solutions and card payment processing on a wider range of terminals/POS.

This partnership is the first of its kind for Credorax, marking the payments provider’s entry into the Italian market, which is rooted in tradition and deliberate in adopting new payments technologies. Additionally, in this time of unprecedented global uncertainty, streamlined payments have become more vital than ever, as levels of ecommerce and online payments continue to rise. Through enabling new payment solutions and opportunities, the partnership marks Mondial Bony Service S.P.A’s first step towards growing globally.

“We are excited to offer our payment facilitation and smart payments services to Mondial Bony,” said Igal Rotem, CEO at Credorax. “Our successful and longstanding history as members of Visa and Mastercard, along with our excellent relationship with Mondial Bony, will allow us to introduce the benefits of smart payments, next-gen processing and payment transactions to the Italian market.”

“The Italian market is looking to innovate and accept more payment types,” said Salvatore Riccio, President at Mondial Bony. “We are thrilled to be working with the agile and proactive team at Credorax to generate new and unique offerings, which cater perfectly to the evolving needs of the growing Italian payments market ecosystem.”

Related News

Major Eurozone banks start the implementation phase of a new unified payment scheme and solution, the European Payments Initiative (EPI)

A group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) paved the way for the future launch of the European Payments... Read more »

BNY Mellon To Deliver Real-Time Account Validation Services to Corporate and Bank Clients

BNY Mellon today announced a strategic collaboration with risk and payments solution provider Early Warning Services, LLC (EWS). Through this... Read more »

PPRO adds European Paysafecash to its robust local payment method platform

Today, PPRO, the leading local payments platform-as-a-service, announces that it has released a direct integration with Paysafecash, in a move that signifies the brand’s... Read more »

Paycircle and PayDashboard partner to fully digitise payroll and payday experience

Cloud-based payroll provider, Paycircle, and interactive payslip platform... Read more »

SumUp ramps up support for local businesses via Gift Card partnership with Google My Business

UK-based payments service provider SumUp (, today announces a  partnership with Google - which will... Read more »

Royal Bank launches ‘Tyl’ to help Scottish business build for the future

Royal Bank of Scotland has announced the launch of a new, innovative payments service in Scotland. ‘Tyl’ is designed to make it easier for... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel