American Express Now Offering Utility Rates For Energy Marketers

American Express recently announced changes to their OptBlue program, including price changes and volume increases for Energy Marketers.

For Marketers set up correctly under this program, American Express transactions will enjoy an Interchange rate of $0.75 on transactions below $1,000 and 1.5% on sales $1,000 and greater.

These changes offer an opportunity to now have 3 card types in utility programs, saving your business an incredible amount on payment acceptance costs.

Enjoy all card types being funded together to your depository bank account, with a single point of contact for reconciliation, dispute management and billing.

Make sure you are properly enrolled for Amex going into this heating season, it’s a game changer. Contact PPA member Jon Gilbert– Jon@qualpay.com—  with Qualpay any questions.

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