The reign of cash as king is coming to an end, and credit cards are more popular than ever. In this article, we will
explore why your business should accept American Express card payments?, what is the American Express payment
gateway?, and which American Express payment gateway is ideal for your business?.
American Express payment gateway is ideal for your business.
1. Why do consumers use American Express card payment?
When your Amex card payment is used fraudulently, you aren't out any money. You just notify your Amex card payment
company of the fraud, and don't pay for the transactions you didn't make while the Amex card payment company
resolves the matter.
Credit Amex card payments can be used as a method of payment which facilitates consumers to pay for their purchase in
recurring monthly payment. This means the buyers are able to consume before their incomes arrive. Moreover, Amex
card payment issuer essentially grants them free or low interest charge along with possible frequent-use awards, and
Online businesses can benefit from installment Amex card payments, such as: increased sales and revenue, higher
online conversion rates, increased basket size, more repeat business, and so on. Merchants assume no risk because
they get paid in full at the time of purchase.
Contactless cards are great facilitators for your everyday purchases, and are rapidly becoming popular among
consumers. According to a Federal Reserve study (2020) ,
today’s consumers use non-cash payment methods for 74% of transactions.
Biometric credit cards are being used across the world.
Now, 'Biometric' credit cards are being used across the world. American Express announced that biometrics including
fingerprints and facial recognition using Safekey 2.0 not only to help secure online transactions and reduce fraud,
but also promote contactless payments.
In brief, Amex card payments are more popular than ever thanks to their enhanced security, generous spending limits
and rewards, and the rise in the demand for contactless payments since Covid-19 pandemic.
2. Why should merchants accept American Express card payments online?
Cardholders typically spend more than people paying by cash or check.
According to Forbes , people spend more when they are not limited to the
cash currently available in their wallet. In addition to making larger purchases, people paying by Amex card
payments are also more likely to make impulse purchases they may not otherwise make.
People who pay with Amex cards are more likely to make impulse buying.
Maintain a competitive advantage to keep up with your competitors.
If you would like to expand your business with a presence on the web, Amex card payment acceptance is almost
mandatory. Many businesses already accept Amex card payments online, and you may lag behind competition if your
business does not accept Amex card payments. To survive, your business must accept Amex card payments in order to
avoid losing your customers to them.
The simple act of accepting Amex card payments can give a significant boost to your business. One survey, sponsored
by Intuit, found that 83% of small businesses that accepted credit cards saw increased sales. Research shows that
sales can double or even triple versus current sales.
Offering Amex card payments will establish repeat purchases from e-commerce
As stated by American Express , 46% are more willing to try a new
merchant when they see the American Express logo, and 65% would choose a merchant that accepts Amex card payments
over one that doesn’t. 82% of American Express Cardmember say they typically determine if a merchant accepts Amex
card payments at the merchant by looking for signage, or by asking if the business accepts the card. Therefore,
e-commerce sellers can benefit from this group of customers when offering Amex card payments which will attract and
establish repeat purchases from e-commerce customers who own American Express credit cards.
On the whole, whether you are a business or a customer, American Express card payment helps you reap the benefits of
credit card payment. Therefore, it is time to abandon traditional payment method in favor of credit card payment
option like American Express card payments.
3. What are card processing fees, and why are they applied?
To accept Amex card payments, merchants must pay interchange fees, assessment fees, and processing fees. These costs
go to the card’s issuing bank, the card’s payment network, and the payment processor. In addition, merchants should
know about these terms as well.
Interchange (Issuing bank fees): These fees are ultimately paid by the merchant to the issuing bank, and then shared
with the issuing processor and card program manager. Interchange is set by each card network and is
Assessment fees (dues or assessments): A collection of fees paid to the card network (such as American Express).
Assessments are not negotiable but can change (up or down) and are reviewed by the networks twice a year.
Processing fees: This is what you pay your credit card processor for use of the product. Typically, this fee is
charged per transaction, in hidden fees, and monthly fees.
Merchants must pay interchange fees, assessment fees, and processing fees to accept
Amex card payments.
Authorization fee: This covers the amount it costs for a processing provider to authorize each transaction with a
Minimum monthly service charge: This could be charged by an Amex card payment processing provider if your monthly
credit card transaction fees don’t meet a minimum agreed amount.
Payment method fee: An amount charged to cover ‘higher risk’ payments, for example online transactions.
Chargeback fee: This is charged by some Amex card payments processing providers to cover costs when a customer
requests a chargeback (reversing a money transfer).
Account set up fee: A one-off amount charged to get your business set up with the provider’s services. PayCEC’s Amex
card payments offer free setup and no hidden fees, while other Amex card payment gateway providers would charge you
the one-off setup cost.
It can be challenging to operate globally without the right American Express payment gateway. PayCEC’s Amex payment
gateway makes it easy for merchants to get paid. Learn
more (The fees and charges are subject to change from time to time).
4. How to accept American Express card payment online ?
Merchants prefer to accept payment methods that can be easily, safely, and inexpensively converted into good funds
while consumers prefer to use payment options that are safe, convenient, and widely accepted.
E-commerce shops, restaurants that accept orders online and companies that provide digital services are examples of
businesses that rely on online credit carding processing. If you want to accept Amex card payments online, you will
need a digital storefront, such as an e-commerce store or website, and PayCEC’s American Express payment
PayCEC’s American Express payment gateway is a global e-commerce solution that reads and transfers payment
information from a customer to a merchant’s bank account with comprehensive data protection and fraud management
tools. In other words, its role is to collect the data, verify funds are available, and get a merchant paid.
After choosing PayCE’s Amex gateway, merchants need to establish a merchant account to enable your company to accept
American Express payment. Creating a merchant account involves providing some information about your business and
setting up a connection with your business’s bank account where money will be deposited.
Next, if you’ve built your own website, PayCEC’s technical support team will give you a hand in adding Amex card
payments processing on your website. Fortunately, merchants don’t need to look for any training resource to
understand how to integrate the Amex payment gateway into their website, because PayCEC’s American Express payment
gateway has already provide merchants with build-in code integration guideline. After completing the PayCEC’s
American Express payment gateway integration, merchants are ready to accept the Amex card payments.
5. PayCEC’s Amex payment gateway opens the door to convenience.
When you’re choosing an Amex payment gateway, ask yourself these questions:
Is it available in your country and those of your customers?
According to the Nilson Report , 99% of merchants that accept credit
cards within the United States now accept American Express card payment. Moreover, American Express card payments
are accepted in over 130 countries, with over 100 million Amex card payments in use. As an e-commerce business
owner, you can't afford to overlook the possibility of accepting Amex international payments.
The PayCEC’s American express card payment is a suitable card payment method for any business that sells its goods
internationally. Not only because it is a popular payment method all over the world, but also because paying larger
amounts in your online store is no problem at all with Amex card payment. On top of that, your customer can pay for
their purchases directly online. With PayCEC’s American Express card payment, you are guaranteed to have an enormous
international reach of potential customers.
Does it keep financial information secure through encryption and other methods?
PayCEC’s American express card payment is a secure and fast credit card payment method, which applies American
Express Safekey. This is a feature that uses 3D Secure smart authentication technology which adds an extra layer of
security by offering a One-Time Password (OTP) including 6-digit code sent via your registered contact details such
as SMS or email, and you need to enter the OTP to verify it’s you.
PayCEC’s American Express gateway boosts customer confidence in payment data security with American Express SafeKey.
This security solution discourages any hacking attempts, and help protect your customers against fraud while
PayCEC’s American express card payment is a secure and fast credit card payment
Furthermore, PayCEC’s American Express gateway offers encryption and tokenization technology, which is the process of
converting private information into encoded information (token), so that it cannot be read if accessed without the
key required to decrypt it.
PayCEC’s American Express gateway increases customer satisfaction by building consumer confidence, which can help
broaden business’ market reach, enhance the buying experience, and minimize shopping cart abandonment.
Does it add extra value to your business?
Along with the Amex card payment method, PayCEC also provides various payment solutions such as Crypto Payment
Acceptance and Bank Wire Transfer, so merchants can offer each customer the best possible experience during their
payment process. Now, you don’t have to worry about the Amex card payment acceptance anymore.
6. How does the Amex payment gateway work?
PayCEC’s Amex payment gateway handles the end-to-end process.
Step 1: The cardholder initiates a purchase, for example, by clicking a “Buy Now” button on the merchant's website,
and chooses American Express as payment method.
Step 2: The Amex payment gateway goes into action, first checking with the issuing bank to make sure funds are
available. It will ensure the transaction won't exceed the customer's credit limit or bank account balance.
Step 3: The Amex payment gateway sends encrypted card information to the Amex card payment scheme to process the
Step 4: The Amex card payment scheme approves the transaction, and the Amex payment gateway sends the information
back to the merchant website to complete the transaction.
Step 5: The Amex payment gateway sends the information to the acquiring bank to move money from the customer's
issuing bank account into the merchant's account.
If you are just getting started with a small business, the simplest option is to go with
PayCEC’s American express card payment provider . PayCEC’s Amex payment gateway handles the end-to-end process.
You simply sign up for a merchant account, then add code to your website, and now you can start receiving payments.
7. How to get consultation for setting up American express card payment ?
Merchant wants to find new opportunities through Amex card payments, or is interested to learn what PayCEC’s American
express card payment can do for your business, just send an email to [email protected] or contact +44 2032 864370,
our Relationship Manager is available 24/7 to assist you.
Get in touch with PayCEC’s Relationship Manager to identify the best set-up for your
business and receive a custom proposal.
[Request a proposal]
PayCEC’s Amex payment gateway was established in response to the growing need of businesses to accept online payments
more quickly and easily. In the digital era, our payment flow has evolved to work seamlessly and effectively across
all platforms and devices. We pride ourselves on combining superior technology with first-class customer
PayCEC’s Amex payment gateway is a truly global payments platform that not only allows customers to get paid
instantly and securely, but also withdraws funds to their business accounts in various currencies.
We have created an open and secure payments ecosystem that entrepreneurs and businesses choose to securely transact
with each other online and on any device. We proudly maintain the highest level of client advocacy in the
Frequently Asked Questions
1. What is American Express (Amex) Payment Gateway?
For merchants who have no idea about what is American Express (Amex) Payment Gateway, PayCEC's Amex
payment gateway is a global e-commerce solution that reads and transfers payment information from a
customer to a merchant’s bank account with comprehensive data protection and fraud management tools. In
other words, its role is to collect the data, verify funds are available, and get a merchant paid.
2. How do I pay my American Express credit card online?
“How do I pay my American Express credit card online?” is a frequently asked question for Amex card
owners. You can make an Amex payment through PayCEC’s American Express payment gateway. The cardholder
initiates a purchase, for example, by clicking a “Buy Now” button on the merchant's website, and chooses
American Express as payment method, then enters the credentials for card-not-present payment field.
Next, the Amex payment gateway will do the rest.
3. How can I take an Amex payment?
Merchants can add PayCEC’s American Express payment gateway as a payment method to your webshop. Then,
merchants need to establish a merchant account to enable your company to accept American Express payment
from your customers, and easily withdraw funds to your bank account. Now, you already know the answer
for “How can I take an Amex payment?“.
4. How long does it take to process AMEX payment?
People who make payments online for American Express credit cards usually ask “How long does it take to
process AMEX payment?”. Actually, PayCEC’s American Express payment gateway processes your payment
extremely fast. It takes just seconds to be completed.
5. What payment method is an American Express credit card?
Merchants usually wonder “What payment method is an American Express credit card”, and PayCEC will get
you the point. Credit Amex card payments can be used as a method of payment which facilitates consumers
to pay for their purchase within 45 - 55 business days Moreover, Amex card payment issuer essentially
grants them free or low interest charge along with possible frequent-use awards, and other