Payments News

On The Web

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Companies

American Express & Google Team Up to Make Shopping Easier with an Added Layer Of Security When Using Autofill on Chrome and Android

“[Amex] We’re working with Google to let Card Members* convert to and save virtual card numbers (VCN) when they use Autofill on Chrome and Android. Virtual card numbers make shopping online and in Android apps safer by replacing the 15-digit physical card number with a virtual number, or token, which provides an extra layer of […]
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Companies

American Express Partners with Billtrust to Offer Suppliers a Solution to Accounts Receivable Challenges

“American Express Company (NYSE: AXP) today announced a collaboration with Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, to enable suppliers to streamline acceptance of American Express virtual cards. With this integration, suppliers will have the ability to automate and accelerate virtual card payments from customers while receiving a real-time view […]
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Companies

AmEx Pitched Business Customers a Tax Break That Doesn’t Add Up

“The pitch went out to eye doctors, McDonald’s Corp. franchisees and payroll companies: “Reduce your taxable income burden to Uncle Sam.” In phone calls, emails and in-person meetings with thousands of business owners, American Express Co. salespeople laid out the strategy. Use AmEx to pay your employees and suppliers, they said. You’ll have to pay […]
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Companies

AmEx Deepens Its Ties in China Via an Acquiring Agreement With Leshua Technology

“U.S. payments networks continue to cultivate their connections to what is for them a potentially massive market in China. In the latest development, Leshua Technology announced early Friday it will support acquiring for American Express Co.’s joint venture in China. AmEx last year became the first foreign payments company to win approval to clear domestic transactions […]
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On The Wires

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Companies

American Express Teams Up with Versapay to Create a More Efficient Accounts Receivable Experience for Suppliers and Buyers

“American Express and Versapay, the Collaborative Accounts Receivable company, today announced a new agreement to provide suppliers who utilize the functionality of American Express virtual cards with access to Versapay’s world-class collaborative accounts receivable (AR) network of buyers and suppliers. “Business buyers are increasingly turning to virtual cards to make faster, more efficient payments while […]
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Companies

Nayax and American Express Partner to Enable Payments in UK

“Nayax Ltd. (TASE: NYAX), a global commerce enablement and payments platform designed to help merchants scale their business, is proud to announce an integration partnership with American Express across EEA & UK markets. Nayax UK will be the first office to implement this change in the UK, across all Nayax VPOS Touch and Onyx cashless payment devices installed […]
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Companies

American Express® Launches New Fully Digital Business Checking Account for U.S. Small and Mid-Sized Businesses, With First-Ever Amex-Issued Debit Card

“American Express® (NYSE: AXP), the leading small business Card issuer in the U.S.3, today introduced its new Business Checking account designed for small and mid-sized (SME) businesses. This fully digital Business Checking account offers a secure, high-yield, and low fee digital banking experience with a competitive APY of 1.1% on balances up to $500,0002. The checking […]
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Companies

American Express and Extend Partner to Enable Virtual Cards for U.S. Small and Mid-Sized Businesses

“American Express (NYSE: AXP) and Extend, a New York City-based fintech specializing in virtual cards, announced their partnership to expand virtual Card solutions for U.S. businesses. U.S. companies with an eligible American Express Business Card can now enroll and create virtual Cards, also known as tokens, through Extend’s app or desktop login in as little […]
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Companies

Lots of Amazon Packages This Week? American Express Evolves Its Digital Receipts Feature to Help You Easily Identify Those Purchases

“With more people shopping online, in February we rolled out Digital Receipts , a feature that gives U.S. Card Members access to additional information about their purchases with specific merchants, such as the merchant name and logo, order number, date of order, items purchased, details of cost and merchant description.   Today, we are expanding […]