Associated Press
NEW YORK-- American Express Co. says it plans to start doing
business in Cuba after the Obama administration lifted a ban on
U.S. banks and credit card companies operating on the island.
The New York company didn't say on Tuesday when people could use
American Express cards in Cuba. American Express currently has no
terminals set up or merchant relationships there.
MasterCard Inc. last week became the first major U.S. credit
card company to say it would start handling U.S. card transactions
in Cuba. Visa Inc. didn't immediately respond to a request for
comment on Tuesday.
Copyright 2015 Associated Press
Access Investor Kit for American Express Co.
Visit
http://www.companyspotlight.com/partner?cp_code=P479&isin=US0258161092
Access Investor Kit for MasterCard, Inc.
Visit
http://www.companyspotlight.com/partner?cp_code=P479&isin=US57636Q1040
Subscribe to WSJ: http://online.wsj.com?mod=djnwires