Benefits of American Express OptBlue
The American Express OptBlue program offers a range of benefits designed to empower businesses like yours. By participating in OptBlue, you gain the advantage of accepting American Express cards with more flexible and potentially lower processing fees, enhancing your ability to serve a wider customer base. This program simplifies the settlement process, allowing for quicker access to funds and streamlined reconciliation, which can significantly improve cash flow management. Additionally, OptBlue participants enjoy the benefit of consolidated statements, making it easier to track and manage transactions. Embrace the opportunity to attract high-spending American Express cardholders to your business, enhancing customer satisfaction and potentially increasing sales. Host Merchant Services is committed to helping you leverage the full potential of American Express OptBlue, ensuring your business thrives in today's competitive marketplace.
Additional Fees Associated With OptBlue
There are a few additional fees you should be aware of. First, there is a network fee applied to the gross volume. Second, there is an fee added on to any card not present transaction. It should be noted that these fees are similar to fees applied by other card brands such as Visa and MasterCard.