I would like to offer Amex in the future. Am I going to get charged a setup fee for Amex, Discover, JCB, Diners?
Our Solution: No, not with us. It is FREE for new applicants, so get your business pre-approved for it up front, establish your line of credits and be ready for the demanding holiday season. As of April 2009. Discover, MasterCard and VISA have the same discount rates, so it is integrated under this new exclusive agreement. Discover will also now accept JCB and China Union Pay opening doors to millions of international customers to use their local cards under the Discover brand name. Once pre-approved, American Express will call you and explain their rate options, which is very low these days (0% discount rate plus a flat fee). The rates are standard in the USA and for a monthly flat fee of $7.95 for businesses under $5,000 in annual American Express sales. Know the facts and not the myths; if you processed $5,000 in V/MC sales @ 2.1%, it would have cost you $105.00 versus the low Amex $7.95. Historically everyone knows AMEX are liberal with the credit limit, so customers tend to spend
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