Bank of America Merchant Services, a joint venture between First Data and Bank of America, has joined American Express’ OptBlue program, which provides simplified sign-up and management of American Express card-related processing for small businesses.
As a result of this accord, Bank of America Merchant Services clients using OptBlue will receive a single statement, use one settlement process and have a single point of contact for all their card processing needs.
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Also, American Express Card transactions processed in the OptBlue program by small businesses will be competitively priced by Bank of America Merchant Services.
Bank of America Merchant Services said that its eligible clients that process less than $1m a year in American Express transactions can sign up for OptBlue.
Bank of America Merchant Services CEO Tim Tynan said: "OptBlue will allow our small business clients to accept and manage American Express transactions in a simpler and easier way, so they can spend more time focused on their own business."
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