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What is the new American Express OnePoint merchant account program?

April 26, 2017American Express merchant account onepoint program

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What is the new American Express OnePoint merchant account program?

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Any merchant that is not required to be set up on ESA qualifies for OnePoint. The American Express OnePoint program makes it easier for you to reconcile your merchant account by generating one statement with transactions and fees for all card types. OnePoint American Express deposits are credited at the same time as all other card types. This program is only offered by our processors iPayment Inc. and Innovative Merchant Solutions at this time. The participating ESA processors make the decision to approve or decline the American Express OnePoint applications.