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Old 04-05-2013, 03:55 PM   #48
spetch
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Join Date: Feb 2011
Location: AB
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Quote:
Originally Posted by Smartcar View Post
I'm sure they don't. The most they ever pay for super premium visa and m/c is about 2.6% while Amex is 3.5%. Most restaurants take it because they'll lose the corporate card business if they don't.

3.5% would be the best AMEX merchant rate I've seen, and I doubt they get them (maybe a chain). I would bet they are 4-5% as that is what they offer me for an independent clothing shop with strong sales numbers.
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