American Express Merchant Services Review

American Express Merchant Services Review
Give your customers more payment options by accepting American Express cards at your business with a merchant account from American Express. If you’re already accepting bankcards, it’s easy to add American Express to your existing credit card processing system. Your business must be located in the US to qualify.

The American Express Merchant Services website offers a number of marketing opportunities and resources to help you make the best of your merchant account with them.  Their business insights gives you access to timely detailed information and analytics to help their customers get a step above their competition and improve their business planning.  Because American Express understands not all merchant accounts are going to have the same merchant account needs they have areas within their site for business-to-business, retail, restaurants, casual dining restaurants, travel and entertainment, professional services, and online businesses; these areas gives customers a market comparison for their type of business when it comes to accepting American Express vs. Mastercard or Visa.

Many American Express Business and Corporate Cardmembers  prefer (and encourage) their employees to use their American Express card when incurring business expenses.  By accepting American Express you increase the chances of selling your product or services to these business people.

Considering the average credit card holder has a reported income of 1.4 times the amount of non-cardholders, and on average spend 2.5 times more than non-card members,  it only makes sense to start accepting credit cards.

Businesses: Internet;Phone/Mail/Fax;Retail
Approval Rate: Average
Availability: US Only

Cost: N/A
Setup Fee:  N/A
Discount Rate: N/A
Transaction Fee: $0.00

From American Express Merchant Services:
Accepting the American Express Card provides your customers greater flexibility when making purchases from your business. And giving your customers more payment options is a great way to enhance your level of customer service and sales. And, if you currently accept bankcards, you can easily add American Express to your existing credit card processing system. There are no online application fees, no transaction fees, no monthly minimums, and no annual fees. You can choose either a discount rate or flat fee pricing plan.

Contact American Express Merchant Services

American Express Merchant Services Additional Fees

• No online application fees
• No transaction fees
• No monthly minimum
• No annual fee
• Discount rate may vary, or choose a $5 monthly flat fee

American Express Merchant Services Additional Features

• You must operate a storefront, mail order, phone based, home based, or e-commerce business and not be part of a franchise.
• Your business must be based in the United States