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Monday, May 06, 2013
Blackstone is proud to announce the launching of American Express® ONE POINT, an integrated and competitive servicing and processing through Blackstone Merchant Services. Blackstone and their clients have the ability to provide full processing services for American Express Card transactions for merchants processing up to $500K in annual American Express® Charge Volume. Through this program, Blackstone clients will benefit from: · One Deposit - Deposits for Amex will be made in conjunction with Visa, MC and Discover, which is usually 1-2 business days instead of 3. This means more cash flow and easier reconciliation with deposits. · One Statement- all activity will be reported on one statement · One Single Point of Contact - that means that all merchant related questions will be funneled through our support group at Blackstone, rather than having to communicate with American Express® for transactions, bank change requests, etc. "The ONE POINT program enables Blackstone to be the primary contact for merchants and makes accepting American Express® Cards simple and easy. Merchants like the simplicity that ONE POINT provides and it reduces some of their headaches such as reconciling multiple deposits, multiple statements, and multiple points of customers service," said Janet Sancho, President of Blackstone Merchant Services. "We are extremely happy to provide this value added service to our clients to improve their cash flow, make daily reconciliations easier and expedite support with One POINT access." ABOUT BLACKSTONE Established in 1995, Blackstone has successfully managed to bring a complete end-to-end prepaid program to all retailers regardless of their size, through various electronic Point-of-Sale solutions and physical distribution. Blackstone's product line portfolio includes an assortment of brand-name phone cards, wireless recharge cards, mobile content products, prepaid handsets, bill payment processing, credit & debit card merchant services processing, gift cards/store value card reloads, web services and international hosting solutions. For more information, please visit our website at or contact us at 305-639-9590.