Under a nonprosecution agreement the company is to pay a $77.6 million fine and forfeit $60.7 million for the revenue that could have been owed from its Payroll Rewards and Premium Wire programs.

The Justice Department said the company misrepresented its credit card rewards and fees and made false claims about the tax benefits of its wire transfer products.

Credit card company American Express has agreed to pay $108.7 million to settle allegations that it engaged in deceptive marketing practices, the U.S. Justice Department said on Thursday.