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Companies

AmEx Is Paying Up to Get Businesses to Accept Its Cards

American Express Co. wants more businesses to accept its cards. So it is paying them—sometimes in amounts approaching a half-million dollars. The company is offering sign-on bonuses to some businesses that don’t take its cards in a bid to catch up to rivals Visa Inc. and Mastercard Inc. The payments range from under $10,000 to about $450,000.”