CardX in Newsday: “Court settlement expected to clear way for credit card surcharges in NY”
“Jonathan Razi, CEO of Chicago-based CardX LLC, which automates compliance of credit-card surcharging rules, said that once all 50 states permitted retailers to pass on swipe fees, it would ‘trigger a seismic shift.’
In an email, Razi envisioned a pricing model like Australia’s, where he said 42 percent of merchants pass along credit card swipe fees.”