dcsimg

American Express OPEN Launches Online Invoicing, Credit Card Processing Service for Small Business

By , CardRatings contributor
  • Google +
  • Twitter
  • Facebook
American Express OPEN Launches Online Invoicing, Credit Card Processing Service for Small Business

American Express officials highlighted their support for small business owners with the launch of AcceptPay, an online invoicing and payment manager released under the OPEN brand. The service integrates web-based customer relationship management tools developed by PaySimple with an affordable merchant account solution. American Express officials told reporters that the new service gives members more control over client cash flow.

"At a time when every dollar counts, business owners need tools and resources to help them better manage their firms' finances," said American Express spokesperson Mary Ann Fitzmaurice Reilly. "That is why we created this innovative payment collection solution that can help them get paid faster."

AcceptPay's credit card processing fees compare favorably with those from other turnkey payment solutions, like PayPal and Google Checkout. Unlike other web tools that require companies to supply their own merchant accounts, AcceptPay's system requires no technical setup or long-term contract. A $20 monthly fee allows members to request and receive credit and e-check transactions directly to their company bank accounts, regardless of whether they carry an American Express card.

0 Responses to "American Express OPEN Launches Online Invoicing, Credit Card Processing Service for Small Business"

No Comments

Leave a Comment
 
 
 
About Our Ratings ×

Our editors rate credit cards objectively based on the features the credit card offers consumers, the fees and interest rates, and how a credit card compares with other cards in its category. Ratings vary by category, and the same card may receive a certain number of stars in one category and a higher or lower number in another.

The ratings are the expert opinion of our editors, and not influenced by any remuneration this site may receive from card issuers.

Advertisers in our database are highlighted, and advertisements include an option to apply using links on our site. CardRatings.com may be compensated by companies mentioned on the site when a user's application is accepted or approved by such companies.

How do your cards stack up?

Compare your card starting here

NEXT »

Featured Partner Cards

loading