{"id":694,"date":"2015-02-24T18:55:01","date_gmt":"2015-02-25T00:55:01","guid":{"rendered":"http:\/\/blog.paymentconsulting.net\/?p=694"},"modified":"2015-02-24T18:58:23","modified_gmt":"2015-02-25T00:58:23","slug":"should-ticketbrokers-change-their-amex-account-to-amex-optblue-or-onepoint-make-sure-you-use-verifyit","status":"publish","type":"post","link":"https:\/\/www.paymentconsulting.net\/Blog\/wordpress\/?p=694","title":{"rendered":"Should Ticketbrokers change their Amex account to Amex OptBlue or OnePoint? Make sure you use verifyit!"},"content":{"rendered":"\n\n\n
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If you are contacted by credit card processors telling you that you can save money with a lower Amex rate using Amex’s new programs OptBlue or OnePoint you need to first know the facts.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n
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\"\"<\/a>First let me start off by saying that I do have these options available for you if you choose that’s the way you want to go.However I strongly recommend that all ticketbrokers maintain their current independent American Express ESA Merchant Account.<\/p>\n

The Facts<\/strong><\/p>\n

-Amex ESA means you have a direct account with Amex the other two products are bundled with your MC\/Visa\/Discover processing
\n-any credit card processor recommending these products doesn’t understand the ticketbroker industry. Your first red flag!
\n-with your current Amex ESA account any Amex chargebacks you receive are handled by Amex which sees both sides of the transaction. As you are probably aware that unlike MC\/Visa disputes Amex almost always decides in favor of the merchant (you) if you properly document your reply.
\n-with OptBlue or OnePoint your Amex transactions are bundled in with your MC\/Visa\/Discover transactions so all chargebacks are handled by your MC\/Visa\/Discover processor instead of Amex.
\n-with your current Amex ESA you can use Amex’s great fraud tool where you can log on to and verify cardholders name, address, CVV and phone #. It’s \u00a0https:\/\/www406.americanexpress.com\/aavweb\/HomePage.do<\/a>\u00a0You must have your Amex account setup online to use this tool and be logged in for it to appear. If you don’t have its easy to setup at<\/p>\n

https:\/\/www209.americanexpress.com\/merchant\/services\/en_US\/registration\/userprofile?linknav=us-mer-nshome-Register<\/a><\/div>\n

You can also call Amex\u00a0 at 800-528-5200<\/a> and they will help you set it up in a few minutes.
\n-if you switch to OptBlue or OnePoint you will no longer have access to online Amex or verifyit<\/p>\n

The advantages of OptBlue or OnePoint<\/strong><\/p>\n

-it is true lower rates are available. With OnePoint most often you will pay 2.89% which is still higher than what you pay now.
\n-with OptBlue you will have a slightly lower rate than your current rate and it will be batched along with your MC\/Visa\/Discover transactions so you’ll get your Amex dollars one day sooner than ESA. So a day sooner than now.<\/p>\n

In my opinion Amex ESA is by far the way to stay. And you know I’m being honest because to be truthful OptBlue and OnePoint pay me a small residual while ESA does not.<\/p>\n

Any questions feel free to give me a call at 847-381-3482 or email bhoidas@gmail.com<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

If you are contacted by credit card processors telling you that you can save money with a lower Amex rate using Amex’s new programs OptBlue or OnePoint you need to first know the facts. First let me start off by saying that I do have these options available for you if you choose that’s the … Continue reading Should Ticketbrokers change their Amex account to Amex OptBlue or OnePoint? Make sure you use verifyit!<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-694","post","type-post","status-publish","format-standard","hentry","category-news-update"],"_links":{"self":[{"href":"https:\/\/www.paymentconsulting.net\/Blog\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paymentconsulting.net\/Blog\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paymentconsulting.net\/Blog\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paymentconsulting.net\/Blog\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paymentconsulting.net\/Blog\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=694"}],"version-history":[{"count":3,"href":"https:\/\/www.paymentconsulting.net\/Blog\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/694\/revisions"}],"predecessor-version":[{"id":697,"href":"https:\/\/www.paymentconsulting.net\/Blog\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/694\/revisions\/697"}],"wp:attachment":[{"href":"https:\/\/www.paymentconsulting.net\/Blog\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paymentconsulting.net\/Blog\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paymentconsulting.net\/Blog\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}