Do most merchants accept American Express?

According to an American Express representative, 99\% of U.S. merchants who accept credit cards also now accept American Express.

Why do retailers not like American Express?

All credit card issuers charge a fee, but not all issuers charge the same fee. Because of this set up, merchants can choose which credit cards they want to accept. The different fees often make or break a deal for a merchant. This is why many merchants, especially small businesses, don’t accept American Express.

Is it illegal to not accept Amex?

American Express’s regulations do not explicitly prohibit minimum charges, but its policy is to discourage any merchant practices that create a “barrier to acceptance.” Amex does prohibit “discrimination” against the Amex card, however, so if a merchant has no minimum charge for Visa and MasterCard, the merchant may …

Why do some merchants not accept American Express?

Why Isn’t American Express Accepted Everywhere? If you have an American Express card, then you may have visited merchants who accept other credit cards, but not your Amex. The reason has to do with the interchange fees charged by the credit card payment networks such as Visa, Mastercard, Discover and American Express.

Where is American Express not accepted?

American Express is not accepted everywhere because American Express charges merchants higher fees than Visa, Mastercard. This makes retailers like Costco, independently owned boutiques, and many family stores shy away from accepting your American Express card.

Where is Amex accepted USA?

American Express is accepted at 10.6 million merchant locations in the U.S. and in 160+ countries and territories abroad. But you’ll find some stores that have exclusive deals with the more popular networks, Visa and Mastercard. For example, Costco only accepts Visa cards now, after switching from Amex only in 2016.

Is AMEX widely accepted in Europe?

Yes. American Express cards can be used in Europe to a limited extent. Although American Express cards will sometimes work, Visa and Mastercard are much more widely accepted internationally. Merchants that accept credit cards will almost always accept these two networks.

Is American Express accepted at Walmart?

Yes, Walmart does accept American Express credit cards as a valid form of payment in 2021 both in-store and at Walmart.com.

Is Amex widely accepted in Europe?