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Month: March 2018

Home 2018 March

What I learned from the American Express Price Cuts

March 14, 2018Daniel PelegeroNo Comments

by Daniel Pelegero, @dangerpele American Express wants to position itself as the American version of Alipay. During an Investor Call, new American Express leadership announced that they are lowering their average global fee by 5 or 6 basis points to 2.37%.  The logic makes sense, cut prices to increase sales and net revenue should out-gain…

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