| Amex offers short-term credit
Credit card issuers learned long ago that many small-business owners use their personal credit cards to fill gaps in cash flow. So why not come up with cards that are geared specifically for small businesses? Many have, and American Express Co. is among the latest to put out a new small-business card. Amex started taking applications this month for its Plum Card, which offers early payment discounts and an option to defer payments for up to two months with no interest, instead of the usual 30 days. Amex is promoting the pay-in-full card as an alternative to trade terms credit, which is a form of short-term credit negotiated between a small business and its suppliers. The card is "the first of its kind," said Raymond Joabar, a senior vice president at Amex's small-business division in New York City.
CreditcardEmerchant.com Announces the 'Fast & Easy Merchant Account Package' for Online Business Owners and Small ...
CreditcardEmerchant.com is a provider of credit card merchant account processing services for online ecommerce businesses and traditional retail businesses. New Brunswick, NJ (PRWEB) November 13, 2007 -- In order to help small business owners simplify the process of accepting credit cards for their businesses, CreditcardEmerchant.com has announced their new "Fast & Easy Merchant Account Package." More information about the company is available at http://www.CreditCardEmerchant.com The "Fast & Easy Merchant Account Package" is now available to online businesses, as well as traditional retail stores and restaurants. "Choosing the right type of credit card merchant account can be difficult and time consuming, especially for new businesses owners who have never done this before," according to Chuck Irving, Director of Web Marketing for the company.
Wachovia is looking to add products as part of its overhaul of credit-card unit
Wachovia Corp. is looking for innovative thinkers and fresh ideas as it expands its card and payments business. And the bank also wants to introduce new products from that business soon. This week, the company began interviewing candidates to lead its emerging payment services group. It's one three segments of the new consumer and small-business payments unit headed by Steve Boehm, who previously ran Wachovia's relaunched credit-card business. The others are card services and payment services. In weighing new products, Boehm is particularly interested in areas such as mobile payments, in which consumers would use phones or handheld devices to process payments. Other possibilities include products in the health-care arena and online peer-to-peer payments such as PayPal.
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