American Express announced their new service, Serve, a digital payment platform similar to PayPal. Users can receive and send money via iOS and Android applications, the web, or Facebook. The fees are as follows: 2.9% with a $0.30 per load deposited (discounted to $0 for cash, debit, and ACH). There is a $2 fee for ATM withdrawals; however, the first withdrawal each month is free. American Express is waiving any deposit fees for the first six months of the service during launch. AMEX will give you a debit card for each Serve account that you create and can be used at any participating ATM or AMEX merchant.