Axe Payments understands that our Zero Processing Fees Program sounds almost too good to be true. No upfront costs, no contract, no equipment fees, and no processing fees will save your business thousands to tens of thousands of dollars annually. How can this be legal?
Per the 2010 Dodd-Frank Act (part of the Durbin Amendment), business owners possess the right to pass processing fees, up to 4%, to customers using a credit card as payment. This national legislative statute has provided Axe Payments with the opportunity to offer Zero Charge, Zero Processing Fees. We are compliant with all Federal and State regulations as well as all Visa/Mastercard audit requirements.