General Information
1099-K forms are issued annually and are typically mailed to merchants by January 31st each year.
If you need a copy of your 1099-K, please email us at [email protected] with your business name, and we will provide the document as a PDF attachment.
1099-K and American Express Transactions
This section explains how American Express (Amex) transactions are reported on 1099-K forms, depending on how you process Amex payments.
1. American Express Direct Processing
If you process Amex transactions directly with American Express (outside of Valpay):
• American Express will issue a separate 1099-K for those transactions.
• These transactions will not appear on the 1099-K issued by Valpay or any other payment processor.
2. American Express OptBlue (via Valpay)
If you process Amex payments through Valpay using the OptBlue program:
• Your American Express transactions are combined with your Visa, Mastercard, and Discover transactions.
• Valpay will issue a single 1099-K that includes all these card types.
• You will not receive a separate 1099-K from American Express.
How to Determine Your Reporting Method
• If you receive deposits directly from American Express, you will get a separate 1099-K from Amex.
• If you receive deposits from Valpay for Amex transactions, those are processed through OptBlue, and will be included in the 1099-K issued by Valpay.