Merchants Find Savings on Transaction Processing Costs
American Express Company (AXP)
Last american express company earnings: 4/24 07:00 am
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US:NYSE Investor Relations:
ir.americanexpress.com
Company Research
Source: PR Web
Boston, MA (PRWEB) February 08, 2018 All brick-and-mortar merchants need to reduce their overhead costs in a time of reduced sales volume. Many merchants may be unaware of some alternative and emerging payment channels that are available to them and fail to take advantage of other ways in which in-store shoppers can pay. These are systems that are not routed through the established payment card networks and feature lower transaction fees. A new research report from Mercator Advisory Group, Payment Channel Alternatives to the Card Networks for Merchants, describes the ways that consumers can pay for transactions in stores and how merchants can integrate these payment acceptance methods into their point of sale (POS) systems. Most retailers, especially small businesses, can save money on card processing fees (interchange) and related fees thanks to some existing technologies as well as more recent API developments from payment providers. "Merchants are looking for ways to save costs in
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AXP
Earnings
- 1/26/24 - Miss
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Sec Filings
- 4/15/24 - Form 8-K
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- AXP's page on the SEC website