While all other card networks leverage banks to issue their cards to the masses, Amex operates independently, directly issuing cards to their consumers. 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 American Express Interchange Rates. Amex is a popular credit card used by many consumers from around the world. There are numerous reasons for this, but the biggest is Amex’s independence from issuing banks. American Express (Amex) interchange rates are entirely unique among major card brands. These card companies include Visa, Mastercard, AMEX, Discover. By accepting Amex, your customers can … 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. Accepting American Express Payments. The American Express discount rate is composed of a … Interchange Fees Increasing April 2020 The payment processing world is going through some significant changes. American Express OptBlue Retail Rate Grid. The base rates stay the same for every processor, as American Express sets those rates. There are the Amex “wholesale” or “base” rates (which function similarly to interchange fees), Amex “assessment” fees, and markup fees that your processor adds. American Express Interchange Rates & Discount Rate. American Express Opt-Blue Wholesale Discount Rates. Interchange rates change twice a year – in April and October. Payment processing companies make money by putting a markup on top… Effective April 2020, the interchange fees (also known as swipe fees) for the major card networks will have some adjustments. Customers using Amex tend to make larger purchases, with many Amex cards used for business and corporate purchases. Get a Call Back. American Express doesn’t charge interchange fees, and instead imposes a discount rate. American Express OptBlue Schedule Of Fees Description Transaction Amount Percent Per Item Restaurant Tier 1 ≤$25.00 1.85% $0.10 Restaurant Tier 2 $25.01 – $150.00 2.45% $0.10 Restaurant Tier 3 Over $150.00 2.75% $0.10 Retail Tier 1 ≤$75.00 1.60% $0.10 Retail Tier 2 $75.01 – $1,000.00 1.95% $0.10 Retail Tier 3 Over $1,000.00 2.40% $0.10 The report has the biggest interchange structural changes that we’ve seen in a decade. Visa sent a document that outlined the proposal to banks. The … Amex is a popular card used by customers around the world. Current US Interchange Rates The term “Interchange rate” refers to the fees charged by the card companies for use of their cards. Customers using Amex tend to make larger purchases, with many Amex cards being used for business and corporate purchases. 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