Search results

Agree

It’s both haha AMEX ‘is’ expensive for the merchants they bring the most value to. Their pricing is very varied and yet very fair, depending upon what customers they bring to the table, the frequency and the atv is understandably different. AMEX is hugely corporate and/or high spending. So for...

Don’t get me wrong, you’re right, it’s not, and I’m def not suggesting that it is, ‘yet!’ …re ‘check again’ I mean, I think a lot of consumers are in the habit of not trying/asking to use their AMEX out of habit in a lot of places that actually accept now. It’s changed enormously in the last...

Check again. It’s not as bad as it was. Infact it’s considerably better. Most of the places it’s not accepted I don’t tend to use anyway tbh and it’s only gonna get better and better now as more and more (small) merchants finally cotton on to the fact AMEX is now the cheapest option, has finally...

Rant?! haha More than three words in a sentence constitutes a rant in your world? That’s cute! Yes, I have twenty years experience in the industry, Infact I have direct negations with Amazon re their payment acceptance on the daily. (Go me! I’m sure you’re very impressed, not!) I made no...

The ‘code change’ is a piece of p!ss, that is not the issue and is the smallest part of the challenge. The bureaucracy involved in a change like that however is never ending!

‘Agile’ is the aspiration of ALL companies but supertankers like Amazon & VISA?! haha Forget it! Agile is true of minnow start ups exclusively.

FYI 1.5% isn’t high for the industry. 0.3% is Infact INSANELY LOW!! Which puts a whole different perspective on it. 1.5% is approx what all merchants pay for VISA too BTW.

Although a hugely naive exaggeration, the main issue will be the commercial and legal negotiations which can go on and on and on for months at the very very least (more accurately years) if this is where they’re at presently. Will likely be a year minimum before anything changes.

Totally irrelevant. AMEX made a deal acceptable to AMAZON. They don’t have the same Monopoly (arrogance) that VISA have and obv met in the middle. AMEX offer a HUGE amount of incentive above and beyond simply processing small value trans for the masses and nothing more. Not an exaggeration. AMEX...

AMEX customers although less of them spend CONSIDERABLY more. Completely different business model.

Buyer protection is standard across all credit transactions, not specific to VISA despite what they’d have you believe with their ‘altruistic’ advertising.

HUGE, out of date misconception. Infact the cheapest for small merchants which I think is pretty admirable.