Why eBay is dropping Amex from August—and where the card can still be used
eBay has announced it will no longer accept American Express cards as a form of payment starting August 17, citing 'unacceptably high fees' imposed by Amex, which can reach up to 4 percent.Read more: Compare the Best Capital One Credit CardsSimilar to other payment processors, Amex charges a percentage fee on every transaction a merchant processes through their network.American Express is the most popular card in the U.S., especially among millennials and Gen Z.
eBay canceling acceptance will not change those numbers and, in the US, we continue to maintain 99% parity coverage.'Read more: List of Credit Card IssuerseBay's spokesperson said to Newsweek: 'Based on research, we know that the vast majority of eBay customers are willing to use alternative payment options to continue enjoying buying and selling on our marketplace.
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Online marketplace eBay to drop American Express, citing fees, and says customers have other optionsOnline marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to shop online.
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Online marketplace eBay to drop American Express, citing fees, and says customers have other optionsOnline marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to shop online.
Read more »
Online marketplace eBay to drop American Express, citing fees, and says customers have other optionsOnline marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to shop online.
Read more »
Online marketplace eBay to drop American Express, citing fees, and says customers have other optionsOnline marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to shop online
Read more »
eBay will no longer accept American Express, citing ‘unacceptably high fees'Online marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that…
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