American Express and CVS Partner for ExpressPay
American Express and CVS have announced that CVS is the first national merchant partner to accept ExpressPay from American Express.
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« December 14, 2004 | Main | December 16, 2004 »
Walgreens to Stop Accepting American Express Cards
Walgreens, the country's largest drug store chain, has announced it will stop accepting American Express cards because Amex's service fees are higher than other cards.
Although American Express hasn't raised its rates since Walgreens began accepting the card chainwide in 1996, Walgreens is not seeing significantly larger purchases from American Express cardholders that might offset the high fees.
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