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Creditaddict wrote:Upupup, you sound like you process about as much as me (not much) I use to be on the same plan with amex, you pay monthly fee and get lower transaction fee %... however that does not work out in your favor if you process say less than $50 month in amex... you can call amex and switch to pay per swipe plan (3.25%) with no min. etc. Works out much better for me, might want to look into it.another note, when I switched plans amex gave me back fees for like 4 months saying very sorry I was on wrong plan and hope you continue doing business with us!!!!
Creditaddict wrote:no when I process a credit card, it's in my bank account within 24 hours
No one said it does.
turbowrx wrote:So how does PIF make them more money?