Yes Because American Express charges a higher interchange rate than the other card networks. For example American Express Charges 3.5% for all restaurant transactions. The lowest rate for this in Visa would be 1.19%, with the Highest being 2.4%
While American Express charges may be higher, the dispute resolution process is a significant deterrent for merchants. If a card holder files a dispute on a transaction, the merchant must endure a resolution process that is stacked against them. American Express requires the merchant to check their account everyday to respond to customer disputes (they will not notify you). If you do not respond in the short amount of time allotted, you lose the dispute (and the money associated with it).
In sum, AMEX has higher fees, longer wait times for funds, horribly unfriendly policies, and an unfair dispute resolution process that almost never goes in favor of the merchant.
Amex used to be quite restricted but today, most establishments accept American Express. Because American Express can be obtained by any holder of good credit and is not restricted to the wealthy as it once was, most businesses accept it .
American Express has their own UK division. Because of this, your American Express card should be readily accepted in the UK.
American laws affect US businesses because laws determine what businesses can and can't do. Regulations imposed on businesses serve the community at large.
Merchants prefer Visa because they are charged less for the transaction than American Express.
Yahoo can be considered an informal business because of its culture. Management encourages employees to express themselves and be creative.
Companies using American Express credit cards transact their business in much the same way as any other companies. American Express holders may have more difficulty in some areas because the card is not universally accepted.
pay with a credit card.(I find paypal the best because my american express didn't work)
They provided services that whites would not because of segregation.
Yes since April of 2000 they take American Express Cards. A antitrust lawsuit against Visa and MasterCard filed by American Express prompted them to accept American Express cards. At first they had to imprint American Express Cards at the register and a couple of months later the programed their POS to accept American Express. I know this because I worked at HEB that year. Been accepting American Express ever since. AMEX gift cards work just like the credit cards. As such swipe the AMEX gift card just like a normal credit card throughout the POS terminal while checking out.
One of the reasons American Express cards are not as widely accepted by a lot of retailers is because they charge retailers more to be able to accept their card. Many of retailers do not meet American Express's high standards as well, limiting their acceptance even more.
They provided services that whites would not because of segregation
the growth of railroad technology changed society because it created more jobs for society and it changed businesses since the businesses had to sell the technology.