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CNBC reports that Costco is currently "soliciting bids for an issuer and payments network for U.S. cards," a process that could result in American Express being dropped as the sole credit card accepted in its stores.

On the other hand, American Express could win the bidding process.

Costco dropped its co-branding efforts with American Express in Canada earlier this year.

The CNBC story notes that Costco's former CEO, Jim Sinegal, said earlier this year that one of the advantages of only taking one card made it easier to maintain the kind of security that prevents data breaches of the sort that recently have affected Target, Home Depot and other retailers.
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