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eBay Ends American Express Payments Over High Fees

Starting August 17, eBay will no longer accept Amex cards, citing unacceptably high transaction costs.

  • eBay claims Amex fees are higher than Visa and Mastercard, impacting transaction costs.
  • American Express argues its fees are comparable and offers more value to merchants.
  • The decision follows failed negotiations between eBay and Amex over fee structures.
  • eBay reassures customers that alternative payment methods are widely available on its platform.
  • This move mirrors similar disputes between other retailers and credit card companies over processing fees.
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