Story Tag: american express merchant
The Purpose and Benefits of a Payment Gateway merchantcircle.com
https://bookmarksclub.com/story/the-purpose-and-benefits-of-a-payment-gateway/
An American Express merchant, such as OptBlue is more transparent, because you can view the cost to process transactions. In other cases, costs were hidden, and businesses had to pay a flat rate regardless of the transaction amount. Businesses also complained about the funding and how long it took to process every transaction. They had to wait up to 5 business days, but luckily, this aspect has changed, and the money will arrive in the bank account the next day.