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Next Day Funding Merchant Service To Include American Express Transactions

Press Release   •   Jan 28, 2010 05:00 EST

Thousand Oaks, CA January 27, 2010 - The payment processing company PaymentMax has announced that they will now begin offering credit card processing services for American Express cards as part of their range of merchant services. Perhaps best known among small and medium businesses as a provider of payment processing services that offers next day funding on credit card transactions, PaymentMax now boasts this new feature which has already made their services a bigger hit with business owners concerned about maintaining continuous cash flow. With the announcement of American Express transaction processing, it seems likely that not only will a larger number of merchants begin accepting the card, but that businesses using PaymentMax's services will benefit even more now in turn. AMEX users are a very desirable demographic, being more affluent on average than the typical consumer, with many larger companies choosing American Express for their business accounts; clearly, the ability to accept this card is something every business owner wants. However, the comparatively high cost of processing these transactions has acted as a barrier to many who would otherwise be glad to accept American Express. The growth of PaymentMax as a merchant services firm has enabled the company to successfully negotiate transaction fees for the card which are affordable to its customer base of small to mid-sized merchant clients, a development which has stirred excitement among current clients and business owners looking for a merchant services provider. "We're absolutely thrilled to make this announcement,” said Tony Shap, a PaymentMax merchant services representative of today's announcement. “American Express is a card which a lot of merchants are unable to accept due to circumstances beyond their control and through our arrangement with AMEX, we're able to offer American Express payment processing to our customers - it's something which is obviously going to work out well for everyone involved: American Express, PaymentMax, our merchant services customers and ultimately, consumers who will now find themselves with more payment options at businesses nationwide. It's not too often you run across a truly win-win situation, so to say that we're excited to have been able to create one for our customers is definitely an understatement." PaymentMax has told the merchants they work with that their new AMEX processing services will include the same next day funding as the company provides for all other credit card transactions. There have been those who have said that the only thing PaymentMax lacked was American Express services; and now that this option has arrived, it may not be long before you start seeing AMEX logos at retailers and on websites a little more often than you do today.

For more information about PaymentMax and their payment processing services, visit: http://www.paymentmax.com 24/7. A visit to this company site is an experience in their exceptional concierge service.