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"American Express" - what's the story?

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  • 09-03-2009 3:42pm
    #1
    RedPlanet
    Closed Accounts Posts: 1,691 ✭✭✭


    I've seen a few signs at counters around the place that say they don't take "American Express".
    Why don't they?
    I'm organising an irish holiday for some American's and I suppose i should warn them.


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    #2
    GerardKeating
    Registered Users Posts: 7,650 ✭✭✭GerardKeating


    RedPlanet wrote: »
    I've seen a few signs at counters around the place that say they don't take "American Express".
    Why don't they?
    I'm organising an irish holiday for some American's and I suppose i should warn them.

    Most Card schemes (Visa/Mastercard) change a fee (~1%) for processing the trasnaction, AmEx charge a lot more, so a lot of merchants (RyanAir for example) do not take it.

    Even in America, American Express is not a common card and they have the same problem with places not accepting it, so most will have another card.


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    #3
    CSC
    Closed Accounts Posts: 653 ✭✭✭CSC


    Most Americans would be aware that Amex cards are not widely accepted in Europe.


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    #4
    VanHeusen
    Closed Accounts Posts: 28 ✭VanHeusen


    CSC wrote: »
    Most Americans would be aware that Amex cards are not widely accepted in Europe.

    Oh yes, we are aware! :)

    AmEx has got really poor exchange rates and charges some 2.75% "foreign currency conversion fee" on top of that.


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