Accepting American Express Payments
If you're a business looking to accept American Express as a payment method, you'll need to follow these steps:
Set Up a Merchant Account:
With Loomis-pay, you only need one merchant bank account to receive your American Express transactions. Our integration is designed to be user-friendly, enabling automatic acceptance of American Express along with other major card brands. You won't need to open a separate bank account, as your American Express payouts will be combined with your regular payouts.
Agree to the Contract Terms:
You'll need to agree to the contract terms set by American Express. These terms will detail the operational and financial conditions of accepting American Express cards, as well as the rights and obligations of each party. This agreement is automatically included in your contract with Loomis Pay.