American Express, which was founded in 1850, is one of the world’s best-known brands. Holders of an American Express credit card from all over the world can make safe online payments with their card. Do you have an international webshop? Then this payment method is certainly recommended.
Despite the transaction costs charged by American Express, this payment method is a must for many webshops. Fact is that American Express cardholders form a very attractive target group. These are, generally speaking, wealthier consumers who spend more money than the holders of other credit cards. What’s more, American Express cardholders do not have a preset spending limit.
How does an American Express credit card work?
The consumer places an order on a webshop and chooses to pay with an American Express credit card. The consumer is then asked to enter the credit card number and the so-called CVC code. For safety reasons, it is becoming ever more common to also ask a PIN or other code for (online) payment with a credit card. By entering the requested particulars, the consumer authorizes the payment. The webshop is then informed that the order has been paid.
Who can pay with an American Express credit card?
Over 105 million American Express credit card holders can use their card for online payment.
How can I install American Express on my webshop?