Confict about using Amex Cards
American Express are not acceptable in everywhere. Even in UK, some restaurant and bars do not accept Amex. Some people before dinning in they always ask ,by the way do you accept Amex ?Also , in Wales , and Scotland most of the merchandise do not accept cards .As a result , the tourists forcefully had to use Visa cards or other cards. Furthermore, it is not acceptable in ASDA and ICELAND on online .People find it hard to use because at the moment most of the shopping we do in Online. Many companies like e-buyer do not accept Amex .So why most of the companies do not accept Amex ? Because they charge a higher transaction fee that Visa or MC. Visa and MC might charge 1 to 1.5% of the purchase price while Amex is more around 3-4%. Also they hold to the money for longer too. So financially, not convenient for small businesses and/or low profit margin stores like wholesale. This is the complication are facing Amex user .But if is there more complication to use Amex ,...