Rahaxi Processing Oy Expands its Merchant Acquiring Capabilities

Friday 19 November 2004 10:04 CET | News

FreeStar wholly owned subsidiary Rahaxi Processing Oy and SEB Kort AB, through its business unit Euroline, have entered into an agreement that allows Rahaxi to expand its merchant acquiring capabilities.

This agreement will allow Rahaxi to expand its Point of Sale based merchant portfolio across borders and it will also enable Rahaxi to bring additional business to its e-commerce merchant base. Through Euroline, Rahaxi will now be able to offer new and existing merchants with businesses in more than one country, one agreement whereby they can acquire transactions from all the countries in which they operate. Rahaxi, by entering into this new agreement, enhances its ability to increment the number of transactions by expanding the territory in which it can acquire merchants. The agreement with Euroline is in line with several key strategies designed to maintain Rahaxis attractiveness in global markets. By collaborating with Euroline, Rahaxi can offer its merchants high-performance and turn-key solutions that will enable the merchants to maximize their sales for greater profitability. As a payments solution company, Rahaxi is continuously seeking payments products or services that will benefit its customers and grow their business. This is part of Rahaxis Partners in Business philosophy to create long term solutions for long term customers.

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Categories: Payments & Commerce | Payments General
Countries: World
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