Get the latest tech news

eBay will no longer accept American Express cards over ‘unacceptably high’ fees


Pretty much anything else, even wire transfers, still works.

“Credit card transaction fees continue to rise unabated because of a lack of meaningful competition,” eBay writes in a notice to customers. “We find eBay’s decision to drop American Express as a payment choice for consumers to be inconsistent with their stated desire to increase competition at the point of sale,” the company writes. We’ve seen other disputes among retailers and credit card companies unfold in the past, with Amazon nearly dropping support for Visa in the UK in 2022.

Get the Android app

Or read this on The Verge

Read more on:

Photo of Fees

Fees

Photo of eBay

eBay

Photo of American Express

American Express

Related news:

News photo

eBay debuts AI-powered background tool to enhance product images

News photo

EBay to Stop Taking American Express After Fee Dispute

News photo

Is Target selling its excess inventory on eBay and Poshmark?