What is the term used by American Express for the merchant contract?

The term used by American Express for the merchant contract is "Card Acceptance Agreements." This term specifically refers to the legally binding document that outlines the terms and conditions under which a merchant may accept American Express cards as a payment method. The agreement covers various aspects such as fees, obligations, and rights of both the merchant and American Express, ensuring that both parties clearly understand their responsibilities in the card acceptance process.

Using "Card Acceptance Agreements" aligns with the branding and terminology that American Express employs, distinguishing their contract from similar agreements that might be used by other payment networks. The precise language helps provide clarity and legal grounding in the world of payment processing, which is critical for compliance and operational effectiveness within the payments industry.