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

Adrien Henni / E-Commerce

Russian's new data law: What e-commerce firms need to know

All personal data must be stored in Russia, and not in cloud servers elsewhere. Here ...

FPO

Anna Kuzmina / E-Commerce

An introduction to online payments in Russia

Russian shoppers use a variety of domestic e-wallets quite often when shopping online, a result ...

Advertisement