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January 31, 2008

American Express Merchant Services

If you are a business owner, whether it be a traditional brick and mortar or an online shopping store then you must consider using American Express Merchant Services for payment processing.

You might think that because American Express typically charges more for payment processing that you haven't bothered using American Express Merchant Services.

I think this is a huge mistake!

Here is why, according to studies buyers that use the American Express card have a tendancy to spend more on purchase.

In fact, research shows that the average American Express transaction is nearly 31% higher than the average non-American Express credit transaction.

What if you could increase each transaction by 31%? What would that do for your business?

As a business owner you know how important it is to maximize your sales and the higher the price is going through the checkout the more money that ends up in your bank account.

There are millions of consumers and business owners alike that only hold American Express cards and since American Express only issues cards to people and businesses with good credit these are the people you want spending money on your business. Those that have good credit also tend to have money so don't turn these people away because of higher processing fees, these are customers you want to keep coming back to buy from you.

Here are some key bullet points about American Express Merchant Services:


  • Higher Average Charge - Industry research shows that the average American Express transaction is nearly 31% higher than the average non-American Express credit transaction.*
  • Avid Internet Shoppers - 79% of American Express Cardmembers used American Express to make, on average, 23.2 purchases over the Internet in the past year.**
  • Frequent Diners - American Express Cardmembers made, on average, 19.2 restaurant purchases in the past 3 months.***

    • Sign-up today!

*The NilsonReport, #851, February2006
**Brookfield Research, July 2006
***Brookfield Research, June2007

Posted by Colin on January 31, 2008 05:21 PM | Permalink | DIGG THIS STORY

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