07-01-2023, 09:58 PM
graylocks wrote:
[quote=dk62]
That sucks considering how many places do not take Amex.
That was very true 25 or so years ago. Only somewhat true now. When i first started using Square the fee for taking Amex was higher but they dropped the surcharge a very long time ago.
'Network Acceptance Rates
Another important factor to consider when comparing networks is how widely accepted it is. In short, it won’t do much good to have a credit card if it’s not accepted at the retailers you plan to visit.
Domestic
To put it simply, the more merchants that accept your card, the better the card’s network. Visa and Mastercard have traditionally been the main contenders with acceptance at 10.7 million U.S. retailers.
But in the February 2020 Nilson Report, it was reported that 99% of credit card-accepting merchants in the U.S. can now accept American Express, meaning 10.6 million retailers now accept American Express. This is a huge change from 5 years ago when American Express was only accepted at 3.7 million.'
https://upgradedpoints.com/credit-cards/...astercard/
I visited Paris recently. There were definitely vendors who did not accept AmEx.
Fewer in the US.