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2. eBay ditching American Express as a payment option this ... - AOL

   www.aol.com/finance/ebay-ditching-american...

   The e-commerce company said in a statement to FOX Business that "unacceptably high fees American Express charges for processing credit card transactions" have prompted it to cease accepting ...

3. Online marketplace eBay to drop American Express, citing fees ...

   www.aol.com/news/online-marketplace-ebay-drop...

   “After careful consideration, eBay has decided to no longer accept American Express globally effective Aug. 17 due to the unacceptably high fees American Express charges for processing credit ...

4. Online marketplace eBay to drop American Express, citing fees ...

   lite.aol.com/pf/story/0001/20240605/f04d01938e...

   The National Retail Federation says the average fee to accept a credit card is roughly 2% but can be as high as 4% on premium rewards credit cards like AmEx. In a statement, American Express says that eBay's cost to accept AmEx cards is “comparable to what eBay pays for similar cards on other networks" and that AmEx cardmembers typically ...

5. Payment card interchange fee and merchant discount antitrust ...

   en.wikipedia.org/wiki/Payment_Card_Interchange...

   The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...

6. Can a business charge for using a credit card? - AOL

   www.aol.com/finance/business-charge-using-credit...

   As a consumer, it can be frustrating to face extra fees for a business to cover the cost of processing credit card payments, especially if you were hoping to earn rewards by using a credit card ...

7. Interchange fee - Wikipedia

   en.wikipedia.org/wiki/Interchange_fee

   Interchange fee is a term used in the payment card industry to describe a fee paid between banks for the acceptance of card-based transactions. Usually for sales/services transactions it is a fee that a merchant's bank (the "acquiring bank") pays a customer's bank (the "issuing bank"). In a credit card or debit card transaction, the card ...