Drugstore chain Walgreen announced last week that it has changed its mind, and will continue accepting the American Express card at all its locations.
The move reverses the December decision not to take the Amex card, a decision that the retailer attributed to transaction fees that were to hard.
Walgreens said that it reversed its decision because it struck a new deal with Amex that was “mutually beneficial,” though it would not provide details of the new agreement.
The move reverses the December decision not to take the Amex card, a decision that the retailer attributed to transaction fees that were to hard.
Walgreens said that it reversed its decision because it struck a new deal with Amex that was “mutually beneficial,” though it would not provide details of the new agreement.
- KC's View:
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Somewhere, Karl Malden is heaving a sign of relief…
But seriously, we thought that one MNB use put it best:
It's a simple decision for me, really. I have filled prescriptions at Walgreen's for over a decade and have paid for them, exclusively, by using my American Express card. I like the convenience, I like the billing summary at the end of the year, and I like the points. With one silly decision by Walgreen Co., I will be moving all of my prescriptions for my entire family to the CVS across the street. I suspect that there are more American Express customers than Walgreen Co. realizes...
Apparently…
