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ONLINE MARKETPLACE EBAY TO DROP AMERICAN EXPRESS, CITING FEES, AND SAYS CUSTOMERS HAVE OTHER OPTIONS

Online marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to shop online.

It’s a notable blow to American Express, whose customers are often the most attractive among merchants and spend the most money per month on their

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