1. There's no way to distinguish a recurring subscription bill from a one-time bill. This is annoying. It would be easy for Amex to put the monthly bills in one part of the account. Or force vendors to have some sort of more useful description such as:
- retail, card present
- online purchase,tangible goods, card not present
- software subscription, monthly payment, recurring until cancelled
- annual subscription, not recurring, card not present
Now I think the same problem exists with Visaand Mastercard but I think they have really taken a minimalist aproach to providing information on transactions to consumers. In fact, each vendor has already passed all this info to their merchant account vendor.
In a related area, I'm trying to fix up how our online educational service appears, when it goes through Paypal as a merchant service account, on the customer's bill......I just wrote them....