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"We're very sorry for the inconvenience it's going to cause our customers."While American Express transactions account for just a tiny fraction of charges CCBill processes, the lost business will hurt, Fisher said.
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Visa did not return calls seeking comment for this story, and Mastercard officials could not be reached.
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A spokeswoman for the credit card company said the policy went into affect at the beginning of the month and that they have just begun the process of notifying their merchant clients. based on about of year's worth of work we've done with this industry," said American Express spokeswoman Joanne Fisher.
"There was an unacceptably high level of customer disputes.