American Express®

Accept American Express (Amex) Payments with CN!Express, Trevance or Custom Solutions By Auric Systems International

Convenience that customers appreciate and flexibility of paying with the American Express® Card.
Customers who use American Express  tend to spend more money.

Accepting American Express Benefits Merchants

• Increased market size
• Increased customer retention
• Increased payment offerings
• Increased competitive advantage
• Ever increasing cardmembers
• Offer your customers the convenience of paying with American Express
• Reduce error in cash collection and lower the risk of default
• Retention is increase  by allowing customers with recurring charges to pay automatically
• Chose processing via traditional terminals, PC, or phone, and accept orders online
• Manage your account online with daily updates

Many merchants believe that accepting the American Express Card costs more than accepting other cards. Compare the agreement you have with your processor to these American Express advantages:

• No annual fee
• No monthly minimums
• No online application fee
  

Accepting the American Express Card is an easy way to enhance customer relationships, increase revenue, and improve efficiency.

Size Of American Express Market

Accept Amex payments and tap into a market with 92.4 Million Cardmembers who spent 68.3 Billion Dollars

• 92.4 Million Cardmembers
• 68.3$ Billion in Cardmember Purchases
  

About American Express

Brief History of American Express

Established in 1850 in New York, American Express Company was among the first and most successful express delivery businesses to arise during the rapid westward expansion of the United States.

In 1882, American Express launched the money order business, which proved an almost instant success. The company introduced the world’s first travelers cheque in 1891 and within ten years was selling more than $6 million in cheques annually.

During the summer of 1914, approximately 150,000 American tourists were stranded when war engulfed Europe, many without access to funds. Banks had ceased to pay against foreign letters of credit or any other form of foreign paper. Panic-stricken travelers lined up inside and outside the offices of American Express in whatever city they happened to be visiting. American Express was able to cash all travelers cheques and money orders in full, enabling quick passage home for thousands. Many of those remaining were able to book passage home soon after a decision by American Express and a consortium of nine U.S. banks to ship $10 million in gold to Europe so that local banks could once again honor foreign drafts.

American Express nearly disappeared as an independent company in 1929. Chase National Bank had been quietly buying up shares of the company for several years. Not until Chase completed a tender offer for American Express did it come to light that its prospective buyer already owned 97 percent of the company.

American Express issued its first charge card in 1958. Within five years, more than 1 million cards were in use at approximately 85,000 establishments within and outside the United States.

In 1987, American Express Bank added $950 million to its reserves against outstanding loans in Latin America. Later the same year, the U.S. stock market experienced its largest drop since the Great Depression; and in the aftermath, Shearson was rocked by a series of serious missteps and setbacks. The situation ultimately became so dire that in 1990, American Express repurchased all of Shearson’s remaining publicly traded stock for more than $1 billion and provided a critically necessary capital infusion.

More than 4,000 American Express employees were in Lower Manhattan the morning of September 11, 2001. Eleven of them lost their lives that day. Eight were hospitalized with injuries, and dozens more lost family members, friends and loved ones.

Today, American Express has never been more competitive. It is a world leader in providing charge and credit cards to consumers, small businesses and corporations. It is the world's largest travel agency, offering travel and related consulting services to individuals and corporations around the world.

As it has throughout its long and varied past, American Express continues to deliver valuable and innovative services to its customers. It remains committed to its longstanding core values. And, as it was in 1850, it is poised to seize new opportunities in a rapidly changing industry and world.

American Express Acceptance for Merchants

Whether your just getting Started or already accept Amex Payments, American Express secure and convenient payment options may open the door to stronger sales. Become a American Express merchant and enjoy greater revenue opportunities.

American Express has millions of active Card members nationwide. Some may already be your customers. They'll be happy to see you're accepting American Express, especially if they participate in one of the American Express rewards programs.

Contact Auric Systems today!

By Phone:603-924-6079

By Email Sales@AuricSystems.com

By Contact Form

Contact American Express

Headquarters

American Express Company

World Financial Center

200 Vesey St

New York, NY 10285

212-640-2000

Contact American Express Customer Service representatives are available to assist you from 8:30 AM - 8:00 PM Eastern Time, Monday through Friday, at 1-888-829-7302

Accept Amex Payments with CN!Express, Trevance or Custom Solutions By Auric Systems International