Credorax partners with Cisco on payments technology
Fintech turned merchant acquiring bank Credorax has announced it has partnered with Cisco to upgrade the data centre network’s capabilities, capacity and latency. The agreement enables Credorax to adopt Cisco’s data centre networking technology, including an automation, visibility and management system. Credorax has also agreed to beta-test certain of Cisco’s monitoring and management products.
Credorax says that Cisco’s technology will allow it further decrease transaction latency and increase throughput. Cisco’s software solution for centralised management and monitoring of network components will play a role in Credorax’s solutions, simplify its rollout of new products and reduce ongoing cost of ownership.