LOS ANGELES (CN) - American Express made "tens of millions of dollars" unfairly by charging fees on gross sales instead of net sales, without properly informing merchants it was doing it, and by ...
On Friday, March 22nd, 2024, it was announced that American Express will be sued over its merchant fees in a lawsuit held at Rhode Island federal court. 5,155 merchants claim that Amex’s high fees – ...
NAVAN, Ireland--(BUSINESS WIRE)--American Express has announced the appointment of eCOMM Merchant Solutions as a payment aggregator for the acceptance of American Express Cards in Europe. Under the ...
American Express rules barring businesses from asking customers to use lower-cost credit cards violate U.S. antitrust law, a federal judge found. It's the first definitive court decision on practices ...
BROOKLYN, N.Y. (CN) - Restrictions that American Express imposes on merchants - such as not letting them disclose credit card fees or incentivize the use of less-costly cards - are a simple "matter of ...
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) and Ethoca, a leading provider of collaboration-based technology solutions for merchants and card issuers, today announced they are ...
The world of credit card processing is notoriously opaque. American Express recently argued before the U.S. government that few of its merchants understand the complicated pricing structures of Visa, ...
Under their contracts, merchants who accept American Express generally can't encourage customers to use other credit cards. That's even though Visa and MasterCard generally charge merchants lower fees ...
American Express Merchant Services offers global payment processing solutions tailored for franchises and business clients, emphasizing secure, reliable, and innovative digital experiences that help ...
NEW YORK--(BUSINESS WIRE)-- American Express (AXP) today announced that American Express Cards are accepted at an estimated 160 million Merchant locations worldwide, as of June 2025. 1 The company has ...