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As a result, American Express decided early this month to terminate all of its adult website merchant accounts.
The company has been contacting merchants by mail for the last week, Fisher said.
Logically, they're about to get more of it."CCBill will be sending an email to all current American Express customers notifying them of the situation and asking them to return to the website to sign up using a Visa, Master Card, Discover Card, or Online Checks," wrote CCBill in a letter to the 4,000 adult website operators that process credit transactions through CCBill.
Visa did not return calls seeking comment for this story, and Mastercard officials could not be reached.
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Yes Because American Express charges a higher interchange rate than the other card networks.
For example American Express Charges 3.5% for all restaurant transactions.
It may not be such a money hole for credit card companies like Visa and Mastercard, said CCBill's Fisher.
Those companies have worked more actively with adult sites to reduce the rate of charge backs, and they seem happy with the business.