Helping Members Reach More Customers
Irvine, Calif.; May, 18, 2012 – Merchant Services an Alliance Partner of SBGA, a leading provider of electronic commerce and payment solutions to businesses throughout the United States, today announced the addition of the American Express (NYSE: AXP) OnePoint® program to their services, which offers American Express® Card acceptance as part of an integrated business solution for small and medium-sized merchants.
“This is an exciting benefit for Merchant Services, our clients and American Express,” said Nathan Jurczyk, Vice President of Merchant Services. “For the first time, we will offer our clients complete processing services for all card brands with the convenience of a single deposit and one billing statement, while at the same time enabling loyal American Express® Cardmembers to leverage their cards at a wider range of businesses.”
American Express® created the American Express OnePoint® program to offer small to medium-sized merchants a cost-effective and all-in-one solution that provides the convenience of a single source for statements, settlement and customer service for all major card brands.
“We are thrilled to be working with American Express® to bring this program to our clients,” added Mr. Jurczyk. “We pride ourselves in providing the most comprehensive collection of e-commerce solutions possible. The American Express OnePoint® program will help many businesses streamline their reconciliation process while at the same time offering the acceptance of a trusted card brand to their customers.”
Under this arrangement, American Express® will retain the acceptance contract with participating merchants, establish merchant pricing, and receive the same transactional information it does today. Merchant Services will provide payment processing services to merchants on behalf of American Express® for American Express® Card transactions under the new agreement.