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Published 2 months ago

Online marketplace eBay to drop American Express, citing fees, and says customers have other options

  • EBay will no longer accept American Express globally from Aug. 17 due to high fees, according to eBay spokesman Scott Overland.
  • The decision by eBay is based on the high fees charged by American Express, with alternative payment options available for customers, stated Overland.
  • American Express claims eBay's costs to accept their cards are comparable, with AmEx cardmembers spending double the amount spent on other networks.
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