American Express Company (NYSE:AXP)
CAPS Rating:
The Company, together with its consolidated subsidiaries is a global payments, network and travel company which offers its products and services throughout the world.
The Company, together with its consolidated subsidiaries is a global payments, network and travel company which offers its products and services throughout the world.
Recs
There are only 4 payment networks, Visa, MC, Discover and AmEx, and AmEx is the cheapest. Also banks get paid a fee by merchants whenever a credit card is used, AmEx gets the biggest fee, banks need money, why not switch to the AmEx network?