How much customers does American Express own?
Answers:
I enjoy a personal birds eye prospect of American Express, owning 4 retail stores next to better ticket items that accept Visa, MC, and American Express.
Visa accounts for aproximaely 59% of our credit card dollars taken contained by, MC 38%, and American Express, smaller number than 3%
One of the reason Amex is not popular, and not official by most businesses is it charges us (the store owners) too much of a commission on every dollar collected.
Eg, If I collect $100.00 beside any Visa or MC, they hang on to 1.65% as a commision. We write it bad as a business expense.
However, American Express charges 3.5% commission, or almost double of what Visa/MC charges.
Hopefully this give you a brief overview of why Amex isn't too popular, and how the credit card companies net money past its sell-by date of the businesses that adopt them.
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This is confidential so I don't assume you're competent to find an answer anywhere.
What difference would it take home?
alot
How much? I don't know.. probably $2 for respectively customer.