fbpx

Support Small Businesses: Don’t Pay By American Express

Leave home without it

Written for the first Small Business Saturday in 2010 and reposted

By Art Gallagher

American Express has created a self serving campaign to support small businesses by encouraging shoppers to patronize such establishments tomorrow.  Today is known as Black Friday.  Monday has become known as Cyber Monday.  The two days are the busiest shopping days of the year.  Amex wants to make the Saturday after Thanksgiving a new shopping day.

While the goal is laudable, this campaign will serve American Express at the expense of the small businesses they are purporting to support.   As most small business owners know, the fees that American Express charge businesses that accept their card are often 50-150% higher than the fees other credit card companies charge.

Read the rest of this entry »

Posted: November 26th, 2010 | Author: | Filed under: American Express, Chris Christie, Small Business | Tags: , , , | 1 Comment »