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BECOME A MERCHANT

To become a merchant gives complete autonomy, it allows the merchant to develop their own system and mask out CardRex completely. 

To use your own design and brand logo, the minimum order is 1,000 cards (Silver level), and it takes roughly 8 weeks to print.

Custom branded cards require a new card BIN, new custom interfaces (for Cardholders), a new settlement account and set-up your own transaction fees configuration .

CardREX invites those who wish to join the CardREX team to deliver world class debit card solutions to people and companies around the world.

There are six different merchant programs: Silver, Gold, Platinum, Prestige, Diamond and Infinite. Each program offers a different level of benefits and carries a different fee.

Card Sales and Percentage residual on transaction fees.

The singular most important piece of the puzzle is the CardREX cards. Silver, Gold, Platinum, Prestige, Diamond and Infinite Merchants all get CardREX cards priced to ensure healthy profit on card sales. CardREX empowers Merchants to resell cards to companies and individuals at all levels and helps Merchants graduate from Silver through to Infinite.

CardREX is committed to delivering financial services seamlessly, consistently and reliably. Cardholders expect better than bank service. To this end, we work very closely with each Merchant to ensure they are trained, knowledgeable and ready to handle all cardholder concerns. CardREX provides complete training and support to ensure quality is controlled and service is delivered faultlessly.

Enjoy the benefits of International debit card flexibility

CardREX is the only secure, international, multi-use debit card. CardREX is the singular best way to distribute funds, pay commissions, provide independent contractors and agents with expense accounts and manage expenses.

When you use CardREX you get the benefit of long standing banks, powerful technology and experience.

MyCardREX all in one:

Keep your Financial Transactions
Confidential and Safe

CashCard is a prepaid, reloadable card, with Internet access. The Perfect way to carry your cash. Weather you are an active entrepreneur, or you participate in different affiliate programs, or you are a consultant who needs to receive your money. Cardholders can accept payment for goods or services they provide.

Money Transfer Everywhere Anytime Worldwide

Give a card to a family member anywhere in the world. Reload it as often as you want. Save money by not paying the high transfer fees charged by most fund transfer companies.

MoneyTransferCard, transfer money to everyone in one second through the Internet.

Wherever You Go Be Safe

TravelCard is a prepaid, reloadable travel money card. It is the most safe and convenient way to carry all your vacation money. TravelCard is not linked to any bank account, so even if the card is lost or stolen, all of the funds are replaceable. Your TravelCard can be used at ATMs worldwide locations.

Always keep your Card and use it for your next travel.
It's better to be safe than sorry.

Protect and Empower your children

Specifically designed for teenagers, TeensCard is a prepaid, reloadable card. Teens can use the TeensCard at any of the million of worldwide locations. Because it is a prepaid card and not a credit card, spending is limited to the amount of money that is loaded onto the card.

Always the right gift because parents can authorize relatives or friends to put money on the TeensCard. It is faster and safer than mailing a check or giving cash.

Paper certificates are a thing of the past. Provide re-loadable gift cards and keep customers coming back. The CardREX Gift Card is a re-loadable debit card.

Traditional gift cards are most often used in one location. The CardREX Gift Card can be used over and over. The card also extends your brand to wherever the cardholder goes and for as long as the cardholder uses the card.

CardREX Loan Card is a stored-value prepaid debit card - a replacement for issuing paper cheques to loan applicants. It will allow you to offer direct deposit to loan customers who do not have a traditional bank account or who do not want to receive loan funds into their existing bank account.

It can be used for unbanked or short-term loan customers. The customer can access their funds at ATMs located worldwide. Your benefits include a complete managed service for prepaid accounts, online administrative access and a market competitive solution. Customer benefits include timesavings, convenience, reduced cheque cashing costs and instant access to funds.

MERCHANT PRICING

This Merchant Program Option gives complete autonomy to the Merchant and allows the Merchant to develop their own system and mask out CardRex completely.

Custom branded cards require a new card BIN, new custom interfaces (for Cardholders), a new settlement account and set-up your own transaction fees configuration at MCI (MasterCard International).

To use your own design and brand logo, the minimum order is 1,000 cards (Silver level), and it takes roughly 8 weeks to print.

No Fees are charged if you use CardRex Branded Cards with our CardRex interface (reseller program).

One time fee:

Description Merchant Set-up Fee
Account development and license fee 5,000.00 USD
          • Merchant Set-up Fee includes:
             
            Strategy and Consultation
            Merchant Account License
            Bank, Association and/or network approval
            Bank processor set up
            BIN set up
            SSL Certificate (for one year)
            Card account and data base set-up
            Client program(s) set up
            Bank settlement and fee accounts setup
            Custom Interface Client Web Site
            Data transmission to and hosting
            Risk mitigation assessment and recommendations
            Legal and regulatory review

Monthly technical platform maintenance fee:

Number of Card Monthly Fee
1,000 to 5,000 Cards 600.00 USD
5,001 to 10,000 Cards 850.00 USD
10,001 to 20,000 Cards 1,100.00 USD
20,001 to 50,000 Cards 1,600.00 USD
50,001 to 100,000 Cards 2,100.00 USD
100,001 + To be defined

Ordering by package:

Level
Quantity
Price of package
Price per card
Silver
1,000
10,000 USD
10 USD
Gold
2,000
16,000 USD
 8 USD
Platinum
25,000
175,000 USD
 7 USD
Prestige
50,000
300,000 USD
 6 USD
Diamond
100,000
500,000 USD
 5 USD
Infinite
250,000
1,000,000 USD
 4 USD

This scheme requires completing five documents:

Type of document Description
NDA Mutual Non-Disclosure Agreement.
Merchant Program details Includes the parameters of your card program configuration.
Due diligence Information regarding the activity of your company.
Background check Proceeds of Crime, Money Laundering, Terrorist Financing, and Police Record.
Merchant Services Agreement Defines the relationship between the merchant, the card processor and CardRex.
 
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