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One thing that's interesting and only hinted at in the article is the fact that this could also swing retailers who don't currently accept AmEx into doing so. M
by jessevondoom 15y ago
One thing that's interesting and only hinted at in the article is the fact that this could also swing retailers who don't currently accept AmEx into doing so. Most people here know that AmEx fees are significantly higher than Visa/MC, so the added benefit to AmEx is expanding their network or even becoming a more favored payment option — through additional offerings and better service.