January 19, 2001, 12:00 AM

Amex To Drop Online Adult Merchants

American Express Co. will no longer allow online sellers of adult content to accept its cards due to persistently high levels of disputed transactions. A company spokesperson tells Faulkner & Gray, publisher of Internet Retailer, that AmEx decided on the new policy this month when its attempts to reduce customer-dispute rates in the industry proved unsuccessful. "It was not practical or profitable to do business with these merchants anymore," the spokesperson says. The New York City-based company is now informing those of its current merchant clients affected by the change.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Marie Dean / E-Commerce

Five digital marketing strategies that will boost conversions

An expert in conversion optimization offers suggestions on what areas to address, and the tools ...

FPO

Przemyslaw Mankowski / E-Commerce

How a Polish e-commerce firm gained approval to operate in China

Quarticon, a provider of personalization and remarketing technology, found a local partner, paid attention to ...

Advertisement