AXP Jul 2024 300.000 call
- Bloomberg
EBay to Stop Taking American Express Cards After Fee Dispute
(Bloomberg) -- EBay Inc. will drop American Express Co. cards as a payment option because of “unacceptably high fees,” according to an email reviewed by Bloomberg News that the online marketplace plans to send to customers.Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityBlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSEModi’s Magic Is Fading Fast. Who’s Next for India?Short Sellers in Danger of Extinction After Crushing Stock GainsIndian Stocks
- Associated Press Finance
Online marketplace eBay to drop American Express, citing fees, and says customers have other options
Online marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to shop online. It's a notable blow to American Express, whose customers are often the most attractive among merchants and spend the most money per month on their cards. “After careful consideration, eBay has decided to no longer accept American Express globally effective Aug. 17 due to the unacceptably high fees American Express charges for processing credit card transactions," said eBay spokesman Scott Overland, in a statement.
- Zacks
American Express (AXP) Stock Declines While Market Improves: Some Information for Investors
American Express (AXP) closed the most recent trading day at $236.88, moving -1.3% from the previous trading session.
