makes it possible to streamline the authorization, settlement and reporting of American Express processing volume.
Faster Settlement of AMEX Transactions
Faster settlement of AMEX transactions and reporting that is easier to reconcile.
Streamlined Reporting of all AMEX, Visa, MasterCard, and Discover Transactions
OnePoint also streamlines the reporting of American Express volume. Instead of receiving a separate statement for American Express transactions, OnePoint makes it possible for a processor to report the card volume and charges for Visa, MasterCard, Discover and American Express on a single monthly statement.
One Deposit for all your AMEX, Visa, MasterCard, and Discover Transactions
American Express OnePoint makes it possible for a processor to settle American Express processing volume along with Visa, MasterCard and Discover volume. Instead of receiving a separate, delayed deposit for American Express transactions, all credit card sales are sent in a single deposit in the time it takes to settle Visa and MasterCard volume. This means that American Express volume settles roughly one to four days faster through OnePoint than it does with a traditional American Express merchant account.