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Re:Apple Working with American Express on iPhone 6 Mobile Pa... by ingenium on Sunday August 31, 2014 @04:15PM (#8250242)
Agreed, I make almost all my purchases with my Amex card (mostly because of unlimited 2% cash back on everything). It's usually smaller independent restaurants that don't take American Express. It's something that I never really understood, because American Express in my experience charges lower transaction fees than Visa/Mastercard. When I had an Amex merchant account they charged a flat $7/month fee with no per-transaction fees, though our volume wasn't very high.

However, you have to setup the American Express account separately, which probably has a lot to do with why many mom and pop type restaurants don't take it. But now that a lot of new restaurants seem to be using processors like Square, this is a complete non-issue.

Re:Apple Working with American Express on iPhone 6 Mobile Pa... by X-Istence on Sunday August 31, 2014 @06:42PM (#8250656)
Yes, Square is definitely helping solve some of the issues for places like that.

I shop at farmers markets quite a bit, and a lot of the merchants there are using Square, and it is awesome =)