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Medlem
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American Express is planning to cut the fees it charges retailers and other businesses by more than it has done in two decades, as its new chief executive pushes more outlets to accept its cards. About 1.3m fewer locations in the US allow consumers to pay with Amex than Visa and MasterCard, mainly because it takes a bigger cut of customer payments. The gap is even wider overseas.
Googla rubriken för att kunna läsa artikeln: Amex to woo retailers with biggest fee cut in 20 years
Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.
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American Express is planning to cut the fees it charges retailers and other businesses by more than it has done in two decades, as its new chief executive pushes more outlets to accept its cards. About 1.3m fewer locations in the US allow consumers to pay with Amex than Visa and MasterCard, mainly because it takes a bigger cut of customer payments. The gap is even wider overseas.
Googla rubriken för att kunna läsa artikeln: Amex to woo retailers with biggest fee cut in 20 years