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X2 Payment Systems Company Overview
X2 Payment Systems is a merchant services provider headquartered in Sellersville, Pennsylvania, that works as a registered ISO/MSP of Deutsche Bank Trust Company Americas. The company markets payment processing, hardware terminals, gift card programs, and merchant advance financing, primarily targeting small local businesses like auto repair shops, salons, retail stores, and restaurants. X2 promotes a “No Bull Guarantee,” offering free equipment and supplies (paper, gift card hardware), no setup fees, no monthly minimums, and local account managers for its customers. Other features include interchange-plus pricing, next-day funding in many cases, and PCI-DSS compliant security. They also offer merchant advances (financing) repayable via a percentage of daily card sales, with a simplified application. Leadership includes founder and CEO Nelson Verbit, and President Kelly Cusate.