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merchants posts

American Express is in an uptrend

Posted Nov 16th 2009 6:00PM by Joseph Lazzaro (RSS feed)
Filed under: American Express (AXP), Stocks to Buy

With American Express Co., (AXP), it's best to look down the field, i.e. think long-term, which is why I'm reiterating my Buy rating for the company, first recommended on April 27, 2009 at a price of $27.28. If you bought AXP in April, you're up about 51%.

As forecast, institutional investors (IIs) have looked right past AXP's likely double-digit revenue decline for 2009, to the probable sunnier skies in 2010. In the year ahead, charge-offs should continued to stabilize, amid slowing delinquencies.

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Entrepreneur's Journal: How using PayPal can boost revenues

Posted Apr 19th 2009 7:00PM by Tom Taulli (RSS feed)
Filed under: eBay (EBAY), Small Business

For some time, I've used PayPal, which is owned by eBay (NASDAQ: EBAY). For example, I recently paid a contractor in India using the service. It was extremely easy.

Well, I had a chance to talk to the Small Biz folks at PayPal and found out that there is much more to the service. In fact, PayPal can be a great way to boost your business.

Of course, PayPal makes it easy to leverage ecommerce. And the costs are competitive, with transaction fees ranging from 1.9 percent to 2.9 percent, plus a 30 cent fee. What's more, there is no need to get a merchant account (which can be a painful and expensive process).