American Express: OptBlue
American Express is now much easier to accept. Unlike the old days where you needed to work with American Express directly (and pay high fees!), now accepting Amex transactions happens just like Visa/MasterCard. Your new VizyPay account will automatically include American Express OptBlue acceptance, with no additional monthly fees. Your American Express deposits will fund with all other card types, in a regular funding schedule, and all fees will show up on your regular merchant statement.
As always, VizyPay adds a constant margin onto our costs, and always shares all underlying rates and fees. VizyPay’s margin on American Express transactions is dependent on which plan you sign up for (Virtual,Storefront,or Mini Merchant). Below are the different American Express rates that you’ll pay – just find your business category, and see the rate for each transaction size. These rates are “final rates” and include all American Express costs, network fees, and VizyPay margins.
American Express fees to merchants. Please note:American Express still passes along additional fees for certain types of processing. VizyPay always passes these fees through at cost, with no markup:
- Card-Not-Present Surcharge: American Express will add 0.30% to all “Card-Not-Present” transactions
- International Surcharge: American Express will add 0.40% to all international sales
- Below is based off of our "Retail/Storefront Rates" .35% + $0.10 and includes Dues and Assessments as well as interchange.