Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsMaybankard 2 Gold and Platinum Credit Cards, AMEX with Visa or MasterCard
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 Mar 28 2011, 06:27 PM
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#1
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Junior Member
77 posts Joined: Oct 2009 
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QUOTE(David83 @ Mar 27 2011, 11:35 PM) That's why I won't waste my time trying to swipe AMEX at Petronas. It is effort wasting exercise. Wondering why Petronas boycott Amex leh? Any issue, anyone know?  |
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Mar 28 2011, 06:59 PM
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#2
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Junior Member
77 posts Joined: Oct 2009
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QUOTE(Human Nature @ Mar 28 2011, 06:42 PM) The respond i received is Petronas officially accepts Amex but not at the pump. Can you provide some specific location of petronas stations that do not accept Amex? Thanks Why not at the pump ah, i dont used AMEX card anymore cancel already. Just merely wanna know what happen?http://forum.lowyat.net/index.php?showtopi...post&p=41080817 |
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Mar 29 2011, 10:47 AM
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#3
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Junior Member
77 posts Joined: Oct 2009
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QUOTE(Human Nature @ Mar 28 2011, 07:17 PM) The thing is, majority do not accept even at the counter too. No idea what happen.. I think there is an issue between AMEX n Petronas not that the pump can support it. What I assume is the merchant fee or chargeback (dispute/fraud cases), may be only not sure. |
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Mar 29 2011, 11:13 AM
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#4
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Junior Member
77 posts Joined: Oct 2009
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QUOTE(chemistry @ Mar 29 2011, 10:55 AM) If MBB really want to boost the revenue of Amex (we can see the intention from the launching of Maybankard 2), hopefully MBB can utilize its influence to help Amex offer even better merchant program than Visa/MC. I don't really understand how this merchant program works, but this is just my wish. How i wish also, but i can tell you it a Branding Image issue, if they lower the fee they cant hold their prestiges image, beside AMEX card is known as up market card. so it a chicken and egg thingy, where you want $$$ = lower the fee. Keep the Brand image = lower $$$ but give better customer experience. Should Amex continue to sacrifice revenue due to high merchant fee? I think this will require discussion in Amex (USA)?  Dont forget AMEX have platinum & centurion charge card customer also. you know what i mean. |
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Mar 29 2011, 03:52 PM
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#5
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Junior Member
77 posts Joined: Oct 2009
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100,000 customer x RM 1000 spending = RM 100,000,000 x 3% merchant fee + Daily Interest + Late Payment - RM 5mil Cash rebate, so what u think?
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Mar 30 2011, 09:10 AM
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#6
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Junior Member
77 posts Joined: Oct 2009
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Got a credit limit increase recently i think, didnt notice it no SMS no Letter, nothing jsut login to M2U and notice the change. Btw not my card my wife one.
No wonder the new guideline say if banks need to increase the credit limit they need to get the customer to agreed 1st. |
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