Fri, Nov 22 2024
A recent collaboration between American Express and Worldpay makes it even simpler for small businesses to accept devoted and frequent buyers who use their American Express cards.
The deal is a component of American Express's ongoing strategic plan to strengthen the business's position in the UK and increase the number of locations where its Cardmembers can make purchases. Over the previous three years, the overall number of Amex-accepting facilities in the UK has increased by 46%.1.
American Express and Worldpay have been partners for a long time; the new agreement offers small companies an additional way to accept payments with Amex cards. Small businesses can increase sales and improve customer satisfaction by offering American Express as a payment option.
American Express and Worldpay have been partners for a long time; the new agreement offers small companies an additional way to accept payments with Amex cards. Small businesses can increase sales and improve customer satisfaction by offering American Express as a payment option.
Under the new partnership, Worldpay and its merchants will have a more simplified experience, with only one statement to reconcile for their transactions, one settlement procedure, an easier onboarding process, and a single servicing contact.
"We've been making great strides in expanding our merchant coverage as our Cardmember base continues to grow in the UK," stated Dan Edelman, vice president and general manager of American Express's merchant services in the UK.Our efforts will be aided by this new strategic collaboration, which will allow thousands more small businesses nationwide to gain from accepting Amex Cardmembers, who spend 3.2 times more regularly and 3.9 times more annually on average than non-Cardholders.
"Working in partnership with American Express, we're pleased to be opening up more opportunities for our base of merchants in the UK and Ireland to benefit from the spending power of loyal Amex Cardmembers," stated Chris Wood, General Manager, SMB International and US Direct, Worldpay. Customers anticipate being able to pay as they choose. We're assisting our merchants in providing better customer service by allowing them to increase the variety of payment alternatives they provide more easily.
Since 2017, the number of locations accepting American Express has more than tripled worldwide, providing both new and current Cardmembers with an increasing number of opportunities to spend their money.
Leave a Comment