American express merchant account services, amex low rates. The Transaction Group (TTG) and our banking partners offer merchant account services that include the latest American Express Card Acceptance program.
With low Amex rates and combined reporting, processing American Express credit cards is finally easy and affordable for merchants!
American Express used to be a headache for merchants. Amex had their own operation that required businesses to set up separate merchant accounts, making it difficult for merchants to manage.
And with the traditionally high rates between 3 & 3.5%, businesses simply avoided this card association altogether. But times have changed!
New Program with New Rates!
With merchant account services from The Transaction Group (TTG), merchants will receive a much lower rate that is based on their business type. Rates can be as low as 2 to 2.5% per transaction, and there’s no monthly Amex fee, making it feasible for merchants to offer the option to their customers.
TTG’s merchant account solution acts as a ‘one processing relationship’ in which all your transactions are combined on one statement and payment to you for all transactions takes place at the same time.
This new approach in combining Amex with all other credit card association transactions will also simplify your workflow. We realize that as a business owner you have more important things to worry about than your credit card processing statements.
Why Take American Express?
These days, consumers prefer to pay with their rewards cards. Earning points or rewards for making purchases is a no brainer!
While MasterCard and Visa card issuing banks have great rewards programs for customers, the programs cost merchants like you more than you may realize in processing fees.
Many merchants pay at least 3% for business rewards card purchases.
With the new American Express program, Amex rates are very competitive and sometimes better than other rewards cards.
Did you know that Amex membership in the U.S. is over 52 million strong? And it’s growing. Accepting American Express can lead to repeat business from customers that prefer their Amex cards.
Statistics show that Amex members spend on average 25% more per transaction than non-members, and that Amex members spend nearly $200 more per month with small merchants than do non-members (an average of $510 for members vs. $314 for non-members).
As a business owner, processing American Express credit cards is now a no brainer!
Get Started Today!
No longer is there a separate merchant account services agreement for American Express! We offer a streamlined application with a fast approval process.
We’ll have your business set up with Visa, MasterCard & Amex credit card processing services in just a few business days! Contact us today to get started. 888-383-8056.