|By Mike Stephens (New BonaireTalk Poster - Post #7) on Friday, February 18, 2011 - 1:39 pm:|
Can anybody speak to issues limiting use of American Express cards on Bonaire?
|By Ruth van Tilburg (Extraordinary BonaireTalker - Post #1534) on Friday, February 18, 2011 - 3:49 pm:|
From the seller's point of view, their commission is too high (last I heard 5%?), and they take to long to pay.
|By George Blanchard (Experienced BonaireTalker - Post #421) on Friday, February 18, 2011 - 4:16 pm:|
The good news on using AMEX is you will not be charged a foreign transaction fee like VISA or Mastercard. The bad news is few restaurants take AMEX. I think we only were able to use ours at City Cafe and perhaps Wils.
|By Lizard0924 (Experienced BonaireTalker - Post #497) on Friday, February 18, 2011 - 5:22 pm:|
I try and be sensitive to the transactional costs imposed on the business when i use a credit card on Bonaire, especially for smaller purchases like lunch/dinner. AmEx is definitely higher and, whenever I can, I try and pay with cash.
|By michael gaynor (Supreme BonaireTalker - Post #4294) on Saturday, February 19, 2011 - 8:39 am:|
I will accept Amex if that is all a client has but they take forever to pay...
|By KOB (LBR32) (Experienced BonaireTalker - Post #480) on Monday, February 21, 2011 - 6:27 pm:|
Just got this notice today ... no more foreign transaction fees on Chase Continental Presidents MasterCard ...
|By Mike Truesdell(Bellafonte condos) (Experienced BonaireTalker - Post #128) on Monday, February 21, 2011 - 7:31 pm:|
Amex does take forever to pay and the rates are always higher. We have a low percent to Amex due to most our purchases are construction payments. We do not advertise for Amex but will take it if we have to. You do what you have to.
|By Rick (BonaireTalker - Post #15) on Wednesday, February 23, 2011 - 4:12 pm:|
I this on the Total Rental Car web site. They state "As off 31/12/2010 the local banks will no longer provide administrative support for American Express Credit Card. Reason why we no longer accept American Express."
|By Sparty (Experienced BonaireTalker - Post #312) on Wednesday, February 23, 2011 - 5:00 pm:|
I do not believe that is true. I just rented a truck on Sat and used my AMEX Delta card. I checked this afternoon to make sure the charge hit my account for INS purposes and it did. My guess is that Total doen't want people using the card. Maybe they want to charge for ins themselves. Just a guess.
|By Lizard0924 (Experienced BonaireTalker - Post #503) on Wednesday, February 23, 2011 - 5:03 pm:|
Rick - I successfully used my Amex in January 2011 with Budget, so I don't think so.
|By Ruth van Tilburg (Extraordinary BonaireTalker - Post #1540) on Wednesday, February 23, 2011 - 6:01 pm:|
There's a difference between administrative support and accepting charges. I read this to mean that if there are any problems with Amex charges (for the seller), such as declined charges or disputed charges, payments not made, claims, etc., it means that the seller is on his/her own to handle all the follow-up admin with Amex themselves--that the bank won't do this on their behalf. As far as I know, only one bank represents Amex here, and that's MCB. So, companies might face additional hurdles if they do not use MCB, and have to rely upon their own bank to do admin with MCB...MCB has to do admin with Amex...which becomes a lot of extra work. For small businesses, this just might be too much to handle themselves...for example a local car rental company (Total) vs. a world-wide brand (Budget).
|By michael gaynor (Supreme BonaireTalker - Post #4299) on Thursday, February 24, 2011 - 8:09 am:|
Ruth as usual has the right take on the amex question. Total just wants to not use amex as do many of us but their reason while valid may not be the whole issue. I had problems once and ended up talking to their Caribbean office in Mexico City..not much help since the language was a barrier to solving the problem.
|By monique van berge henegouwen (BonaireTalker - Post #40) on Friday, February 25, 2011 - 9:34 am:|
from what I have heard MCB has NO contract anymore with AMEX.
|By michael gaynor (Supreme BonaireTalker - Post #4300) on Friday, February 25, 2011 - 10:23 am:|
MCB still has a contract and processes AMEX for the merchants. They will no longer issue amex cards however. Clients can still use cards as before. I spoke with the bank ten minutes ago and got the facts..
|By Lizard0924 (Experienced BonaireTalker - Post #505) on Friday, February 25, 2011 - 12:23 pm:|
Thanks for checking, Michael.
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