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CardX Offers “Global Perspective” for PaymentsSource Story on U.K. Surcharging

“Jonathan Razi, chief executive and founder of CardX, an outspoken proponent of giving merchants the option to pass on credit card fees to customers, says it’s inequitable to force everyone to pay more in fees to cover the cost of those who opt to use credit cards.

‘When merchants pass on the credit card fee, they inform consumers about the cost of using credit cards and give consumers the incentive to switch to a lower-cost form of payment, like debit or check, when the transaction cost becomes too high. This makes payments more transparent and fair for everybody,’ he says.”

Read the full article here.