Why do I need to sign an agreement directly with American Express when PayPal already provides acceptance for American Express?
On July 13, 2010, PayPal and American Express will enter into a new card processing arrangement that requires merchants to establish a direct relationship with American Express. You’ll need to accept a new agreement with American Express if you want to continue to accept an American Express card directly through Website Payments Pro and Virtual Terminal. PayPal will continue to service American Express transactions.
Related Questions
- If a merchant opts out of the new agreement with American Express or falls into a restricted business category and does not make the necessary changes to the checkout flow, what will occur?
- When will the new American Express agreement become available for merchants to accept?
- What is contained in the agreement from American Express?
