Merchants: Don’t be afraid of AMEX!
Lower AMEX costs, the perfect holiday treat! This holiday season, make your customers a little more joyful! Statistic shows that over 80% of merchants in the U.S. prefer not to accept rewards cards, such as Amex, as a form of payment due to these cards’ high processing rates. On the other side, you and I as consumers like to use our cards for is to get more points and rewards. What most consumers don’t know is that merchants are the ones who are paying for these perks! So, naturally they tend to avoid it as much as possible because they could be paying in the north of 3% to accept and process a rewards card. Century Business Solutions is a credit card processing company that has solved this problem by designing a payment processing software that bring the costs of rewards and corporate cards down and let merchants enjoy the savings while serving customers who love to use their reward cards!
Via: https://centurybizsolutions.net/business-tips/american-express-acceptance/