American Express Fashions New Android and iOS App Payment System

An American Express Serve app for both Android and iOS has been created for online purchase , paying bills and even someone - to - person requital . The original account holder can make sub - accounts with spending limits — good for children , for example .

There ’ll also be an genuine debit board go forth for the main user too , so it ’s not all done digitally . Unfortunately — as with most things in lifetime — it does n’t come free :

Highly Competitive Fees forego for Launch

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attend to consumer fees will be highly competitive . There are only two fees for consumer and we are waiving the fee to put money into the Serve account for the next six ( 6 ) month . The two fees are :

Putting money into a Serve account : 2.9 % + 30c / per load , ignore to 0 % for cash , debit and ACH .

ATM cash withdrawal ( after first one each month free ): $ 2.00

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Unlike some other products in the grocery , Serve has no fees to open an account , no monthly fees , no fee for P2P transaction , no fees to set up sub - report ( up to four accounts ) and no fees to employ the doodad .

The widgets it refers to are for supporting charities . They can be downloaded on Facebook or put on personal internet site to call for for contribution — but in the future , American Express Serve will let people make their own widgets so they can sell stuff , too .

The servicing and apps are usable in the US today , and will plunge around the world later this yr . [ BusinessWireviaSlashGear ]

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