WSJ News Exclusive | AmEx Is Paying Up to Get Businesses to Accept Its Cards

  • 📰 WSJ
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

American Express is offering some businesses as much as $450,000 to accept its cards in a bid to catch up to Visa and Mastercard

American Express Co. wants more businesses to accept its cards. So it is paying them—sometimes in amounts approaching a half-million dollars.

The company is offering sign-on bonuses to some businesses that don’t take its cards in a bid to catch up to rivals Visa Inc. and Mastercard Inc. The payments range from under $10,000 to about $450,000.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WSJ News Exclusive | Molson Coors Chases Young Adults—And Not Just With BeerMolson Coors is pivoting from beer to aloe vera water and turmeric seltzer in a bid to capture younger drinkers who aren’t interested in alcohol
Source: WSJ - 🏆 98. / 63 Read more »

WSJ News Exclusive | TikTok Looking at Ways to Shake Off Its Ties to ChinaTikTok this year made history as China’s first social-media company to make it big in the U.S. Now, TikTok wants to shed its label as a Chinese brand. Fk tiktok and CCP
Source: WSJ - 🏆 98. / 63 Read more »

WSJ News Exclusive | FAA Chief Explores Overhaul of Plane Approvals After 737 MAX CrashesU.S. air-safety regulators are considering ways to alter fundamentally how they certify aircraft in the wake of Boeing Co.’s 737 MAX crisis, the head of the Federal Aviation Administration said in an interview.
Source: WSJ - 🏆 98. / 63 Read more »

WSJ News Exclusive | NFL, MLB Players Tie Up With Private Equity to Boost Videogame, Card RevenueProfessional football and baseball players are teaming up with a private-equity firm in an unprecedented deal to amp up revenue generated from the use of their likenesses and invest it. Genius. This was Jim’s idea. Could you... not find a real picture of Tom Brady?
Source: WSJ - 🏆 98. / 63 Read more »

WSJ News Exclusive | NFL, MLB Players Tie Up With Private Equity to Boost Videogame, Card RevenueProfessional football and baseball players are teaming up with a private-equity firm in an unprecedented deal to amp up revenue generated from the use of their likenesses and invest it. Genius. This was Jim’s idea. Could you... not find a real picture of Tom Brady?
Source: WSJ - 🏆 98. / 63 Read more »

WSJ News Exclusive | FAA Chief Explores Overhaul of Plane Approvals After 737 MAX CrashesU.S. air-safety regulators are considering ways to alter fundamentally how they certify aircraft in the wake of Boeing Co.’s 737 MAX crisis, the head of the Federal Aviation Administration said in an interview.
Source: WSJ - 🏆 98. / 63 Read more »