Small Business in the US

The pitch: Small Business Saturday

Consumer Reports |

In Brief...

It was inevitable. Given the growing frenzy in recent years over Black Friday and Cyber Monday, something had to be done about the days in between. The American Express Facebook page says the company will give the first 100,000 registered cardholders a $25 statement credit when they make a purchase from a small business this Saturday. Amex describes these mom-and-pops as the heartbeat of our communities, but also mentions that Amex is the leading payment card issuer for small businesses. But Ad Age reports that Amex typically charges businesses higher fees than Visa and MasterCard, making it difficult for some small businesses to accept the card.

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