New Edge Networks Connects to American Express

The always-on direct connection helps businesses speed up transactions and cut processing costs. Through redundant high-speed direct connections, merchant transactions are sent directly to American Express for authorization, eliminating fees that third parties charge for processing. Previously, some merchants established and paid for their own connections to a payment processor or gateway.

"Direct network connections are innovative ways for making networks more valuable for businesses and their partners," said Dan Moffat, president and CEO of New Edge Networks. "Every business now needs a network to thrive in today's fast-paced competitive environment.

"By processing directly with American Express, merchants can save money, get paid sooner, and eliminate a point of failure on their American Express transactions," Moffat said. "Our direct, high-speed connection is a faster and more efficient way to process transactions."

Use of the direct connections to American Express is included in the price of broadband networks from New Edge Networks. Transaction times over broadband connections take as little as two seconds compared to about 15 seconds over a dial-up connection. This speeds up lines at the retail check-out lanes and improves overall customer experience.