A top name in zero-cost

In 2013, new rules enabled businesses in America to do what universities and government had long been permitted to do: pass on the fee when customers choose credit cards for convenience or rewards.

CardX was founded because it recognized the opportunity to provide much-needed relief.

For American businesses, credit card acceptance is one of the largest, and fastest-growing, operating costs.1 In fact, since 2005, the interchange cost of Visa’s and MasterCard’s premium rewards cards has risen by 24%.

1. Merchants Payments Coalition, Reforming Credit Card Swipe Fees to Grow Our Economy (2015).
2. U.S. Gov’t Accountability Office, GAO-10-45, Rising Interchange Fees Have Increased Costs for Merchants (2009).
3. Allen Consulting Group, Review of Reform of Australia’s Payments System: Regulation of Credit Card Payments (2007).

By passing on the credit card fee and enabling the customer to choose a lower-cost payment option, CardX by Stax creates cost transparency and equips customers to “comparison shop” among payment types. This applies competitive pressure to the prices charged by credit card companies.

As a turnkey solution provider powered by patent-pending technology, we differentiate ourselves at the leading edge of technology and compliance. The CardX by Stax solution is designed for seamless compliance in the evolving regulatory landscape—and we’ve led the change, all the way to the U.S. Supreme Court.

A top name in this growing field, we license our solution to industry-leading software companies and merchant services providers. Every day, CardX by Stax and our partners bring zero-cost credit card acceptance to government entities, schools, and businesses of all sizes, from Main Street merchants to public companies.