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Is this a reason that many merchants don't accept AmEx?
by shortstuffsushi 11y ago
Is this a reason that many merchants don't accept AmEx?
- exelius 11y agoPartially, yes. But Amex also charges higher transaction fees, which come out of the merchant's profits. Between the two, and the fact that only ~20% of people have an Amex, many merchants decide Amex isn't worth the trouble.