cancel
Showing results for 
Search instead for 
Did you mean: 

Why don't some places accept AMEX?

tag
smc733
Valued Contributor

Re: Why don't some places accept AMEX?

I don't get it Platinum...  do you really think a cashier cares about your business, or your beef?  As if they have anything to do with accepting the card in the first place.  They'll probably converse with you just to not have to deal with it...

 

As for the small businesses where the owner actually swipes, I'm sure they would rather lose your single business than deal with all the addional fees from Amex.  

 

If you don't like it, don't go to the places, but making a scene "don't take Amex I walk" is just childish...

BofA Cash Rewards VS - $25k | Citi Double Cash World MC - $18.9k | Amex BCE - $50k | Discover it - $50k | Chase Freedom Unlimited VS- $10k | Barclay Ring $5k |
Message 81 of 101
ADARPegasus
Established Contributor

Re: Why don't some places accept AMEX?

im not trying to be digusting but i have noticed that no porn sites at all accept AMEX kind of a big shocker to me.

Transunion - 788 05/16
Experian - 745 05/16
Equifax - 740 05/16
Message 82 of 101
smc733
Valued Contributor

Re: Why don't some places accept AMEX?


@Jonbuck06 wrote:

im not trying to be digusting but i have noticed that no porn sites at all accept AMEX kind of a big shocker to me.


Amex, from what I understand, made the decision years ago to not do business with any merchants in the adult industry, including pornography, adult "toy" stores, strip clubs, etc...

BofA Cash Rewards VS - $25k | Citi Double Cash World MC - $18.9k | Amex BCE - $50k | Discover it - $50k | Chase Freedom Unlimited VS- $10k | Barclay Ring $5k |
Message 83 of 101
ADARPegasus
Established Contributor

Re: Why don't some places accept AMEX?

really thats a shock

Transunion - 788 05/16
Experian - 745 05/16
Equifax - 740 05/16
Message 84 of 101
smc733
Valued Contributor

Re: Why don't some places accept AMEX?

"Brand image" I suppose...

BofA Cash Rewards VS - $25k | Citi Double Cash World MC - $18.9k | Amex BCE - $50k | Discover it - $50k | Chase Freedom Unlimited VS- $10k | Barclay Ring $5k |
Message 85 of 101
Platinum
Frequent Contributor

Re: Why don't some places accept AMEX?

Who said I am arguing with cashier and make scene ??? I did not say that. It's just somebody's imagination. I have already said that we can always have polite conversation about the issue plus I am not picking up on cashiers ever. I know they are not decision makers when it comes to which card will be accepted. But you've got to remember that many times the cashier is actually the business owner and that's when I try to express my opinion about the card acceptance. It does not have to be the scene. You guys have created completely wrong picture of me. If I have different opinion about something, then prove me wrong and move on. No one so far has answered the OP's question that makes sense as why some businesses take Visa, MC and Discover but not AmEx. In my opinion it's poorly made decision as the cost differences are minimal and consequences are drastical. All business owners just love the huge potentials of the big payment networks in the terms of increased revenue by maximazing the customer base but some do not like to pay the fee to the payment networks for their services. Imagine how much less revenue they would face if only cash was acceptable. You need to pay to play, eat that cost and do the math.
Message 86 of 101
haulingthescoreup
Moderator Emerita

Re: Why don't some places accept AMEX?

Now I remember why I hated working in retail so much. Smiley Very Happy

 

Anyway, chacun a son gout; it's a free country; and all that.

 

If someone only wants to use an AmEx, fine, whatever. No one is forcing anyone to use any particular payment method. I use my Blue Cash Preferred at regular grocery stores because I seriously * puffy heart * my 6% cash back, but my little neighborhood market with the incredible meat counter only takes MC and Visa, so they get my BofA 3-2-1. I'm a big believer in supporting local mom-and-pop businesses when I can, and they know me by name, and they tell me when they have something that I like. So I get 2% instead of 6% back. The sun continues to rise the next morning.

 

Presumably, if someone is bound and determined to use nothing but AmEx, whatever they wanted can be bought elsewhere.

 

If not, then we have a fine example of "cutting off your nose to spite your face."  Smiley Wink

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Message 87 of 101
Watchmann
Valued Contributor

Re: Why don't some places accept AMEX?

No one seems to want to accept the obvious.......that it is up to the merchant to decide what form of payment he wants to take.  That's his decision and you may be perturbed or insulted but if you don't like it just move on to another retailer.  You as a customer aren't privy as to why a particular business takes a Visa, MC or cash only and you can't dictate his terms.  That's his decision, you may not like it but he is the one paying for rent, stock and labor.  It's his business, not yours.  I know plenty of merchants that only deal with cash and it works for them, why should I get upset?  We are way too subservient to a 1 or 2 percent 'reward'.  It ain't that much on a transaction if they don't take AMEX.  

Message 88 of 101
Anonymous
Not applicable

Re: Why don't some places accept AMEX?

Again, for those of you bring up the minute percentage difference, you're failing to see the point AND the hypocrisy.  MC is the cheapest.  Visa cost more than MC, and AMEX is more than VIsa... but they're all less than 1% of eachother. 

 

If 1/2 of 1% REALLY mattered, they'd either NOT accept credit cards at all or accept MC ONLY.    Doing anything otherwise is hypocritcal.  

Message 89 of 101
Anonymous
Not applicable

Re: Why don't some places accept AMEX?


@Anonymous wrote:

Again, for those of you bring up the minute percentage difference, you're failing to see the point AND the hypocrisy.  MC is the cheapest.  Visa cost more than MC, and AMEX is more than VIsa... but they're all less than 1% of eachother [...]


 

Visa and Mastercard publicly disclose the merchant interchange fees on their websites. After looking at their documents, I think that your opinion is incorrect.

Look at page 4 of the October 2011 "Visa U.S.A. Interchange Reimbursement Fees" from the Visa link (below). Depending on the type of Visa credit card and depending on the type of business, the U.S. Visa consumer credit card interchange fees range from 1.15%+$0.05 to 2.95%+$0.10 and anywhere in between.

At Mastercard's link (below), scroll about half-way down the page and click on "The MasterCard Interchange Rates and Criteria". The October 2011 U.S. MasterCard consumer credit card interchange fees are published on pages 16 to 85 and range from 0.60%+$0.00 to 3.25%+$0.10 and anywhere in between.

http://usa.visa.com/merchants/operations/interchange_rates.html

http://www.mastercard.com/us/merchant/support/interchange_rates.html

Visa U.S.A. Interchange Reimbursement Fees

Message 90 of 101
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.