Opt Blue American Express Program
Most merchants that accept American Express today have separate statements, settlements, contracts, and acceptance fees from their primary processor. American Express has also historically charged a higher transaction fee to their merchants than Visa or MasterCard. For these reasons, many merchants have opted to not accept American Express at all at […]
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What is Interchange?
What is interchange? While more and more merchants are becoming familiar with the term “interchange”, some still find it confusing or convoluted when looking at their monthly statements. In the most basic form, interchange stands for the costs of processing and supporting the use of credit cards. Bank card issuers charge […]
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