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AXP Dec 2024 320.000 call
- Barrons.com
EBay Will Stop Accepting American Express Cards in Dispute Over Fees
The change takes effect Aug. 18. Amex said eBay represents less than 0.2% of its total network volume.
- Associated Press Finance
Online marketplace eBay to drop American Express, citing fees, and says customers have other options
Online marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to shop online. It's a notable blow to American Express, whose customers are often the most attractive among merchants and spend the most money per month on their cards. “After careful consideration, eBay has decided to no longer accept American Express globally effective Aug. 17 due to the unacceptably high fees American Express charges for processing credit card transactions," said eBay spokesman Scott Overland, in a statement.
- Zacks
American Express (AXP) Stock Declines While Market Improves: Some Information for Investors
American Express (AXP) closed the most recent trading day at $236.88, moving -1.3% from the previous trading session.
