American Express OnePoint
- Office-Based Healthcare
- Fast Food
- Mail Order & Internet
- Retail & Wholesale
Amex OnePoint Pricing
Traditional American Express
|Discount Rate||As low as 2.30%*||As high as 3.50% per transaction|
|Transaction Fee||As low as $0.10 per transaction||As high as $0.35 per transaction|
|Statement Fee||Waived Statement Fee||As high as $7.95 month|
|Funding||12 Hour Funding||Delay of 3 to 5 business days|
|Reporting||Single Merchant Account Login||Amex Transactions Only|
What is Amex OnePoint?
American Express OnePoint enables merchants to receive their American Express transaction in as little as 12 hours. This is a unique breakthrough in the payment services industry which has only recently been made available. While the technology that makes this fast funding possible is quite complex, the American Express OnePoint Program is very easy for merchants to utilize through BAMS.
As long as a qualifying merchant batches out by 7:00pm (EST) all off that day's credit card funds are processed and made available to their bank account the next morning by 7am (EST). This is known as 12-hour funding.
This applies to all credit cards: American Express, Discover, Visa and MasterCard.
Have more questions? Call our sales team at 866-510-2267