Aug. 17 (UPI) --A decision by online auctioning giant eBay to stop accepting American Express credit cards due to what it ...

eBay has decided to no longer accept American Express globally effective August 17 due to unacceptably high fees charged by American Express for processing credit card transactions ...

When eBay dropped Amex it blamed the credit card companies' high fees, which it said are costlier than other credit cards. Amex countered that its fees are comparable to other credit card ...