Skip to main content

ARAX Receives Letter of Intent for Enterprise Payment Collaboration

· 5 min read

“A significant milestone in developing secure, and compliant digital transactions, targeting the multi-billion-dollar high-risk payment processing industry.”

Arax Holdings Corp (OTCBB: ARAT)

“At ARAX, we redefine payment processing with blockchain innovation. This LOI advances our identity-linked framework, enhancing compliance, fraud prevention, and trust in high-risk transactions.” — Michael Loubser, CEO

NEW YORK, NY, UNITED STATES — March 10, 2025 — EINPresswire.com

ARAX Holdings Corp., a leader in blockchain-based enterprise solutions, is pleased to announce that it has received a Letter of Intent (LOI) from a prominent payment processing company. This potential collaboration marks a significant milestone in the evolution of secure, compliant, and efficient digital transactions, targeting the multi-billion-dollar market for high-risk and age-restricted payment processing.

The ARAX solution at the core of this collaboration is not just another payment security feature — it is a unique Digital Attributes and Asset Management System designed to seamlessly connect with trusted digital identity verification platforms. By integrating ARAX’s enterprise infrastructure, this solution introduces an entirely new paradigm for transaction authentication, fraud prevention, and regulatory compliance.

A Market Ripe for Disruption​

The global payment processing market is projected to grow from $103.2 billion in 2023 to $160.0 billion by 2028, at a 9.2% CAGR.

Within this, the high-risk payment gateway segment—including industries such as gaming, online wagering, and digital asset trading—is expected to grow from $7.34 billion in 2024 to $14.5 billion by 2031, at an impressive 15.27% CAGR.

Additionally, the age verification systems market, which ensures compliance in regulated sectors, is projected to expand from $6 billion in 2023 to $14.5 billion by 2032, with a 10.5% CAGR.

These figures underscore the vast growth potential within ARAX’s target industries. By introducing a verified digital attribute framework that links transactions to verifiable identities, ARAX provides an unprecedented level of security, automation, and trust within the payment processing ecosystem.

How the System Works​

  • ARAX Digital Attributes and Asset Management: ARAX provides the infrastructure, smart contract automation, and transaction processing framework powering seamless enterprise integrations. This includes regulatory compliance automation, fraud mitigation tools, and real-time verification connectors.

  • Digital Identity Verification: The trusted identity layer is provided by CorePass, ensuring all transactions are tied to verified users — without compromising privacy.

  • Branded Implementation: The final solution will be integrated into the payment processor’s ecosystem, providing a frictionless user experience for merchants and customers, while maintaining full compliance with global regulations.

Implications for the Industry​

This collaboration represents more than a technical integration — it signals a fundamental transition in how high-risk transactions are conducted.

By combining blockchain-driven digital attributes and identity-linked payments, ARAX is setting a new industry standard for merchant security, consumer trust, and regulatory transparency, with a particular emphasis on fraud prevention.

Given the projected market growth, ARAX is strategically positioned to capitalize on the surging demand for secure, compliant, and efficient payment solutions in high-risk and age-restricted industries.

The Letter of Intent marks a major step toward bringing this next-generation solution to market. Both parties are currently working toward finalizing a definitive agreement that will define the commercial structure, integration roadmap, and go-to-market strategy. The LOI is non-binding, except for confidentiality provisions, and will remain valid until a formal agreement is signed or withdrawn.

Media Contact​

ARAX Holdings Corp. Email: [email protected] Website: https://arax.cc

About ARAX Holdings Corp​

ARAX Holdings Corp. is a global leader in Blockchain-as-a-Platform (BaaP) solutions, specializing in decentralized finance (DeFi), asset tokenization, ESG compliance, and enterprise blockchain integrations.

Through its Core Blockchain, digital identity partnerships, Totams ERP & Asset Management Platform, and Lunaº Mesh technology, ARAX is redefining the future of digital asset management and decentralized trade finance.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995​

Certain statements contained in this press release may be construed as “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “Act”). All statements that are not historical facts are “forward-looking statements.” The words “estimate,” “project,” “intends,” “expects,” “anticipates,” “believes” and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management’s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the “safe harbor” provisions of the Act. These statements are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. Investors should consider this cautionary statement and furthermore, no assurance can be made that the transaction described in this press release will be consummated. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company also undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.