Posts Tagged “American Express”

Venmo Touch by Braintree now available for UK market

CHICAGO and LONDON | Braintree, the global payment platform powering the best next generation online and mobile purchasing experiences — announced it is bringing one touch mobile commerce to UK merchants and consumers for the first time.

American Express and foursquare roll out National Partnership

NEW YORK-- Following a successful pilot at South by Southwest in March, American Express and foursquare today announced the national rollout of their partnership, which enables American Express® Cardmembers who link their foursquare profiles to their cards to “load” and seamlessly redeem merchant Specials without the need for coupons, special codes, or showing their mobile devices to cashiers. This unique functionality, powered by the American Express Smart Offer APIs, is the first time this technology has been used to allow cardmembers nationwide to take advantage of merchant Specials offered through foursquare in this easy and straightforward way.

American Express buys virtual currency platform Sometrics

American Express has acquired US-based virtual currency platform and in-game payments provider Sometrics for USD 30 million, TechCrunch reports.

American Express

American Express, or AmEx, is an American multinational financial services corporation. Founded in 1850, the company is best known for its credit card, charge card, and traveler's cheque businesses. American Express has a global footprint with the US as its most important market. American Express SafeKey refers to AmEx' 3D-Secure product and acts similar to MasterCard SecureCode and Verified by Visa. Online merchants accepting American Express can tap into consumers with spending capability. AmEx merchant charges are normally above MasterCard and Visa credit card rates (depending on merchant profile and location). American Express cards can be used fraudulently and (without SafeKey) the merchants bares liability for chargebacks. Merchants willing to accept American Express payments in their ecommerce shop should turn to their local AmEx office and investigate whether their Payment Service Provider supports American Express online.

American Express to allocate USD 100 mln for digital commerce startups

Global financial services company American Express has revealed plans to invest USD 100 million to fund early stage digital commerce startups. The investment is set to be completed over the next few years.

American Express to Offer Electronic Payment Service With China’s Tencent

American Express Co. (AXP), the biggest credit-card issuer by purchases, will offer an online payment service with Tencent Holdings Ltd. (700) in its first collaboration with an electronic payment partner in China.

American Express Launches Online Shopping Benefit for Cardholders

Just in time for the holiday season, American Express announced today that is has launched a new and innovative resource for card members that will help maximize the efficiency and ease of their online shopping efforts this year.

MasterCard, Visa and American Express propose New Global Standard

PURCHASE, N.Y., FOSTER CITY, Calif. and NEW YORK | Visa, MasterCard and American Express today introduced a proposed framework for a new global standard to enhance the security of digital payments and simplify the purchasing experience when shopping on a mobile phone, tablet, personal computer or other smart device. These world leading card schemes invite the Industry to Collaborate and Eliminate Need for Account Number at Online Checkout and Ensure Consistent Purchasing Experience Regardless of Device or Technology. 

PAYMILL now supporting American Express

MUNICH | PAYMILL, the innovative payment service provider in Europe, now enables merchants to accept multiple credit cards. Next to already integrated credit card brands like MasterCard and VISA, PAYMILL offers now American Express, Diners Club and others. Another innovation is the increased number of acceptable transaction and payout currencies. From today on, merchants can accept payments in 120 transaction currencies from their customers all over Europe. Also payouts can be conducted in more than 20 currencies. This reduces the traditional hassle and complexity, as PAYMILL allows merchants to handle and process all cards and currencies in one account from everywhere in Europe.

Spending on MasterCard's network grew faster last year than Visa's

UNITED STATES | MasterCard the second-biggest U.S. payments network, posted a first-quarter profit that beat analysts’ estimates as customer spending climbed.


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