IMD now offers to all its accounts American Express OptBlue program. You must be wondering what is this program is all about? Simply put, it is payment process option offered by American Express to small businesses so they can accept American Express payments at lower merchant fees. This program allows you to add up all major credit card brands alongside American Express.
American Express charges lower rates based on the transaction size and the industry where the transaction takes place. IMD has a fixed margin of 0.25% and $0.07/transaction for Amex transactions.
We also have a more detailed American Express Rates page that you can visit to determine the costs you’ll incur.