American Express (Amex) interchange rates are entirely unique among major card brands. Customers using Amex tend to make larger purchases, with many Amex cards being used for business and corporate purchases. Get a Call Back. There are the Amex “wholesale” or “base” rates (which function similarly to interchange fees), Amex “assessment” fees, and markup fees that your processor adds. The … Accepting American Express Payments. By accepting Amex, your customers can … Current US Interchange Rates The term “Interchange rate” refers to the fees charged by the card companies for use of their cards. Effective April 2020, the interchange fees (also known as swipe fees) for the major card networks will have some adjustments. These card companies include Visa, Mastercard, AMEX, Discover. Amex is a popular card used by customers around the world. Customers using Amex tend to make larger purchases, with many Amex cards used for business and corporate purchases. Interchange Fees Increasing April 2020 The payment processing world is going through some significant changes. 566 RTLNS1 Retail Transaction Amount 1 (<$75.00) Non Swiped 1.90% + $0.10 N 567 RTLNS2 Retail Transaction Amount 2 ($75.01 - $1,000.00) Non Swiped 2.25% + $0.10 N 568 RTLNS3 Retail Transaction Amount 3 (>$1000.00) Non Swiped 2.70% + $0.10 N The report has the biggest interchange structural changes that we’ve seen in a decade. American Express Interchange Rates. Customers using Amex tend to make larger purchases, with many Amex cards being used for business and corporate purchases. Visa sent a document that outlined the proposal to banks. American Express Opt-Blue Wholesale Discount Rates. Interchange fees: This fee, which can also be referred to as a swipe fee or a discount rate, is paid by businesses directly to the credit card issuer. American Express is a popular credit card used by many consumers from around the world. American Express Payment Processing Options for Businesses. American Express Interchange Rates & Discount Rate. Though different in name, these are the same functionally. American Express OptBlue Retail Rate Grid. American Express doesn’t charge interchange fees, and instead imposes a discount rate. Interchange rates are set and regulated by Visa Canada, Mastercard Canada, Discover Canada and UnionPay International, whereas Wholesale Discount Rates are set by American Express in Canada. Payment processing companies make money by putting a markup on top… American Express Interchange Rates. Interchange rates change twice a year – in April and October. While all other card networks leverage banks to issue their cards to the masses, Amex operates independently, directly issuing cards to their consumers. 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