ATLANTA--(BUSINESS WIRE)--Bank of America Merchant Services, a leading electronic payments processor in the United States1, announced today its participation in American Express’ OptBlue program.
OptBlue provides simplified sign-up and management of American Express card-related processing for small businesses. 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. American Express® Card transactions processed in the OptBlue program by small businesses will be competitively priced by Bank of America Merchant Services. Eligible Bank of America Merchant Services clients that process less than $1 million annually in American Express transactions will be able to sign up for OptBlue.
“Bank of America Merchant Services is committed to making business simpler and easier on Main Street,” said Tim Tynan, chief executive officer of Bank of America Merchant Services. “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.”
“We are delighted to partner with Bank of America Merchant Services to enable our Card Members to shop at more small merchants,” said Ed Jay, Executive Vice President, Merchant Services – Americas at American Express. “OptBlue is part of a broader set of initiatives aimed at helping American Express’ small merchants grow their businesses that also includes Small Business Saturday, our Shop Small programming, and Merchant Financing. OptBlue helps deliver a simple solution for U.S. small merchants to enjoy the benefits of accepting American Express.”
Bank of America Merchant Services customers interested in OptBlue participation should contact their local representative, or call 800.430.7161 for information.
About Bank of America Merchant Services
Bank of America Merchant Services, a joint venture between First Data and Bank of America, provides payment products and services by combining the technology and innovative products of First Data with the relationship strength and prominent global brand of Bank of America. Bank of America Merchant Services delivers payments, commerce, security and advice through more than 100 products and services to merchants of all sizes.
For more information visit: http://www.bankofamerica.com/merchant
1 Based on bankcard, other credit, and PIN debit sales volume and transactions. Per The Nilson Report, March 2015, Issue 1,059.