What is American Express and how does it work?
American Express is one of the most popular credit cards in the world with over 55 million card holders. American Express customers tend to appreciate the extensive services and extras that holding an AmEx credit card grants them.
Both consumers and businesses can apply for an American Express credit card online and directly activate it in the American Express website. MultiSafepay, as a payment service provider, can collect the funds for webshops.
Purchase credit card with insurance plan
American Express, similarly to visa and mastercard, is convenient for consumers as no account balance is required for making a payment. The orders via AmEx are also automatically insured for at least 180 days against damage, loss and theft. KLM, Air France, Aircalin, HOP, Joon, Kenya Airways, Tarom or Transavia customers automatically save for points via the flying blue loyalty program.
Accept American Express for an attractive target market
Accepting American Express payments will not only attract a larger international target group but also local AmEx card holders. In general, AmEx users have an above average income and spend an average of 58% more than other credit card users. Another distinctive characteristic of American Express card holders is their loyalty, in comparison to other consumers, they perform repeated purchase 40% more often.
AMEX: For businesses focused on North America
- Founded in 1850
- 130 countries
- 110 million cardholders
The payment process with American Express via MultiSafepay
After initiating a payment, your customer chooses American Express. He/she will then be asked to enter his credit card details on the payment page. After your customer has confirmed the payment, the transaction status is immediately updated in your merchant account. The status of the payment in the MultiSafepay Control will be marked as ''Completed''. Your order is confirmed and you can now start processing the order.
Benefits American Express
- Popular payment card for high income consumers;
- Top 3 credit card company worldwide (25% of all credit card transactions in the USA);
- Easy to connect via MultiSafepay;
- Receive worldwide payments with fraud prevention by MultiSafepay;
- European users can save Flying Blue loyalty points.
Free e-commerce plug-ins from MultiSafepay
This payment method is offered in our free e-commerce plug-ins including Magento 1, Magento 2, Woo-Commerce, Opencart, Prestashop, VirtueMart, Hikashop, Drupal, OsCommerce, CS-Cart, XCart, ZenCart, Lightspeed, Shopify, Shopware, CCV shop, Cubecart, Django, Ecwid, LogiVert, Mywebstore, ORO commerce, OsCommerce, SANA commerce, Ubercart, Wordpress Ecommerce, X-Cart, XT-commerce.
Costs and rate for your webshop
The cost of this payment method consists of a fixed amount per transaction and has no variable costs. The rate depends on the monthly webshop turnover. Curious about the costs for your webshop? Calculate your rate immediately.