The American Express discount rate is composed of a … Customers using Amex tend to make larger purchases, with many Amex cards used for business and corporate purchases. The … 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. By accepting Amex, your customers can … Interchange rates change twice a year – in April and October. Interchange rates are set and regulated by Visa Canada, Mastercard Canada, Discover Canada and UnionPay International, whereas Wholesale Discount Rates are set by American Express in Canada. 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 (Amex) interchange rates are entirely unique among major card brands. Get a Call Back. Payment processing companies make money by putting a markup on top… The base rates stay the same for every processor, as American Express sets those rates. American Express Payment Processing Options for Businesses. American Express Interchange Rates & Discount Rate. American Express Interchange Rates. Customers using Amex tend to make larger purchases, with many Amex cards being used for business and corporate purchases. Interchange Fees Increasing April 2020 The payment processing world is going through some significant changes. Current US Interchange Rates The term “Interchange rate” refers to the fees charged by the card companies for use of their cards. 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 There are numerous reasons for this, but the biggest is Amex’s independence from issuing banks. American Express Interchange Rates. American Express Opt-Blue Wholesale Discount Rates. Amex is a popular card used by customers around the world. The report has the biggest interchange structural changes that we’ve seen in a decade. While all other card networks leverage banks to issue their cards to the masses, Amex operates independently, directly issuing cards to their consumers. Customers using Amex tend to make larger purchases, with many Amex cards being used for business and corporate purchases. 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