American Express OnePoint Program

Now receive funding at the same time as your Visa, MasterCard and Discover sales!

Beginning April 2009 newly boarded merchants can qualify for the American Express OnePoint Program. The American Express OnePoint Program allows merchants to receive one simplified statement and receive funding for VISA, MasterCard, Discover, and American Express at the same time. Merchants that qualify for this program are newly boarded merchants or existing merchants that are NOT currently accepting American Express. Merchants that currently accept all four card brands can anticipate a similar program in approximately twenty-four months.

While merchants will receive the same rates for VISA, MasterCard and Discover, the AmEx rates will differ. As in the past the American Express rates are determined by American Express. One of the new and important features of the OnePoint program is that Amex transactions are paid just as quickly as bank cards. Amex rates are now much closer to the typical bank card rate, and since American Express card holders routinely spend more than customers who use only bank cards, any difference in rates will be covered.

The main benefits for merchants is that all set up, processing, settlement, funding, customer support and reporting for eligible American Express acceptance are performed at one centralized location, thereby providing merchants with one processing relationship for all major card brands.