AMEX on PayPal going up to 3.50%-with us its only 2.80%

Hi,

If you are a ticketbroker processing with PayPal your Amex rate is going up to 3.50% on 10/25/2010. Matrix is the only processor able to offer you a group rate for ticketbrokers only of 2.80%

Any brokers that went with the PAY Pal Processing please see below.

* Amendment to the PayPal Website Payments Pro and Virtual Terminal Agreement

Fees: After October 25, 2010 for merchants that wish to continue to accept American Express and have agreed to the Agreement for American Express Card Acceptance (American Express-PayPal Service Agent Program), the following new fee will be charged by us on behalf of American Express and will apply to American Express Card transactions:
American Express Payments Fee
Direct Payments3.5%
Virtual Terminal Payments3.5%

One thought on “AMEX on PayPal going up to 3.50%-with us its only 2.80%”

Comments are closed.