FlyerTalk Forums - View Single Post - The Demise of the American Express Card?
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Old Jan 21, 2016 | 9:17 am
  #156  
isriam
 
Join Date: Jul 2015
Posts: 287
Originally Posted by jsk1973
I know a lot of the manufactured spending people are still in denial after the recent shutdowns, but if MS was profitable for Amex and other CC companies, they would encourage it or at least tacitly allow it rather than discourage it or even penalize people for doing it.
I think the problem is discerning it from fraud requires too much work. I can't imagine they wouldn't like normal MS, because of swipe fees and gift card fee's they earn. If they own the processing network, its straight profit to them.
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