now thats amusing

[forgottenape]

they dont like american express fees you have to chuckle

[zztop11]

You reap what you sow!

[slippinjimmy]

For years Amex tried to induce me to accept their cards, the incentives were interesting but I turned them down every time.

If eBay offered Amex as an option for sellers but at a higher rate (2+% extra) would you opt-in?

I've never met an Amex cardholder that didn't have at least one of Visa or M/C and most have multiples of both.

For extra spice, Amex chargebacks can happen for a VERY long time after the original transaction.

[dolcetreasures]

Amex makes it very costly and challenging to deal with after-sale issues. No one wants the headaches that come along with some unscrupulous Amex customers. Nevermind the chargebacks. 

[ittybitnot]

Amex makes it very costly and challenging to deal with after-sale issues...

@dolcetreasures 

Especially for eBay one could assume.  AE doesn't PLAY nice with eBay's denial program when a "fake tracking scam"  is playing out for a buyer that is a victim of same. 

[forgottenape]

love my amex i use it exclusively wont use it on ebay now their loss. charge backs have never been a problem over 20 years. do you ask everyone you meet if they have an amex? thats an odd thing to say. ebay doesnt like the fees............fees do suck thats the point

[forgottenape]

unscrupulous Amex customers........................ yes thats the problem with selling on ebay.

love my amex i dont use the other 2 cards i have so ebays loss. guess just the 5 dollars extra to cover the taxes on the "free" shipping store perk every 3 months, man i hate amazon but hey they take amex

[dentalsales4u]

I just received the notification from eBay to update my payment method for selling fees as they will no longer be excepting American Express by August 17, 2024.

We are a business and that's the only card our company uses.

Not sure what to add now for the backup payment as the owner won't get any other card for the business.

[jameshen1]

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@forgottenape wrote:

they dont like american express fees you have to chuckle

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Actually, I saw that and read your post and didn't chuckle either time.  I understand the added cost and chargeback risk and get why they are doing it.  There are lots of places that don't take American Express but do take MC, Visa, Discover.

[kensgiftshop]

Don't remember what the fee's were, but they take forever to release the payments.

[sumsum70]

Awww, poor eBay crying about the fees. Amex should run some ads - "That thing you were going to buy on eBay? They have it on Amazon too, where American Express is welcome."

I get kickbacks usually between $75-100 a month on my Amex. Have never paid a penny in interest. Probably my favorite card, but occasionally encounter places that don't accept it.

[yuzuha]

No company likes the AmEx in general. If my B&M job had their way they wouldn't accept AmEx at all.

[yuzuha]

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@kensgiftshop wrote:

Don't remember what the fee's were, but they take forever to release the payments.

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This is precisely why my B&M job hates them.

[ittybitnot]

 .... but they take forever to release the payments.

@kensgiftshop 

Longer than eBay does? 

[gone.c-33]

Fo sho. 

Requiring a 30 day rolling reserve even for well established merchant account holders isn’t unheard of with AMEX.