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eBay to Stop Accepting American Express on August 17th

Posted on 6/5/24 at 6:36 pm
Posted by RFK
Mar-a-Lago
Member since May 2012
2801 posts
Posted on 6/5/24 at 6:36 pm
Because they have been unable “to agree on terms that are acceptable to eBay.”

How many people will walk away from eBay? Many of us only use AMEX.
Posted by Dr RC
The Money Pit
Member since Aug 2011
61320 posts
Posted on 6/5/24 at 6:37 pm to
Time for VISA to fire up those old "But they don't take American Express" commercials.
Posted by thesabanizer
funroe
Member since Dec 2023
82 posts
Posted on 6/5/24 at 6:37 pm to
who uses eBay?

you're definitely over 50
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53142 posts
Posted on 6/5/24 at 6:38 pm to
quote:

Many of us only use AMEX.

It's my main card, but I keep a Visa backup. Some places still don't take AMEX. The produce stand down the road from me and Costco come to mind.
Posted by LSUGrrrl
Frisco, TX
Member since Jul 2007
45186 posts
Posted on 6/5/24 at 6:38 pm to
Amex fees to businesses are the highest.
Posted by RFK
Mar-a-Lago
Member since May 2012
2801 posts
Posted on 6/5/24 at 6:39 pm to
Yes, I mainly use it for hard-to-find parts for my german cars. They are European spec and most parts have to come from Stuttgart or Munich.
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14480 posts
Posted on 6/5/24 at 6:40 pm to
quote:

Many of us only use AMEX.

I doubt there are that many.. most people have a visa or MC too. A lot of places don't take Amex..
Posted by chili pup
Member since Sep 2011
3697 posts
Posted on 6/5/24 at 6:41 pm to
I'm guessing it has to do something with the word "American"
Posted by HempHead
Big Sky Country
Member since Mar 2011
56590 posts
Posted on 6/5/24 at 6:41 pm to
quote:

who uses eBay?



I think the ease and depth of online shopping nowadays makes it difficult to remember the absolutely wild, off the wall shite you can find on eBay.
Posted by SpartanSoul
Member since Aug 2016
2674 posts
Posted on 6/5/24 at 6:42 pm to
Businesses like to claim they don't accept Amex because of higher fees. While the fees may be higher, I think it's because of how well Amex handles a chargeback for their cardholders. They don't play around.
Posted by LoneStar23
USA
Member since Aug 2019
5784 posts
Posted on 6/5/24 at 6:42 pm to
Exactly why I'd never own an Amex
Posted by RFK
Mar-a-Lago
Member since May 2012
2801 posts
Posted on 6/5/24 at 6:44 pm to
The fees are comparable, or it’s negligible considering how many people use AMEX.

AMEX has by far the best customer service and companies don’t typically like customers who have them willing to go to bat when they make a mistake.
Posted by billjamin
Houston
Member since Jun 2019
16851 posts
Posted on 6/5/24 at 6:45 pm to
They’re sick of Amex having the consumers back and screwing them for fraud.
Posted by Hmerly
Member since May 2008
1448 posts
Posted on 6/5/24 at 6:45 pm to
It's because of the fees and how Amex is the card of choice for scammers.
They almost always side with the buyer, no matter the situation.
Posted by AllDayEveryDay
The Sticks
Member since Jun 2015
9535 posts
Posted on 6/5/24 at 6:47 pm to
If I stopped using ebay I couldn't buy all the stuff that antiquetiger finds at estate sales.
Posted by N2cars
Close by
Member since Feb 2008
38091 posts
Posted on 6/5/24 at 6:50 pm to
Ken Chennault was the man.
Posted by bluebarracuda
Member since Oct 2011
19168 posts
Posted on 6/5/24 at 6:50 pm to
It'll have me lots of money but my card collection won't grow
Posted by Deplorable Duke
Lousyana
Member since Nov 2016
2619 posts
Posted on 6/5/24 at 7:04 pm to
I bay.
You bay.
Who bay?
eBay!
Posted by BigBinBR
Baton Rouge
Member since Mar 2023
9422 posts
Posted on 6/5/24 at 7:07 pm to
quote:

How many people will walk away from eBay? Many of us only use AMEX.


Or you can quit whining and just use PayPal and get around the Amex ban.
This post was edited on 6/5/24 at 7:08 pm
Posted by loogaroo
Welsh
Member since Dec 2005
39873 posts
Posted on 6/5/24 at 7:09 pm to
quote:

They’re sick of Amex having the consumers back and screwing them for fraud.


This is true.

Also why I only use Amex for online purchases.
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