American Express Adds Apple Pay for U.S. Corporate Cards
August 10 2015 - 9:30AM
Business Wire
American Express Leads the Way with Corporate
Cards on Apple Pay;
Payment Options Expand for U.S. Middle and
Large Market Companies
American Express (NYSE:AXP) today announced that it is the
first major Corporate Card portfolio activated for Apple Pay™,
allowing Card Members to pay on the go with compatible Apple
devices. The mobile payment option is available today for eligible
U.S. Corporate Cards1.
“Businesses today are going digital, and American Express is at
the forefront of digital innovation, helping companies to
streamline their payments systems and simplify their
processes,” said Greg Keeley, Executive Vice President, Global
Corporate Payments, American Express. “We continue to invest and
expand digital offerings for our corporate customers in ways
that maximize security and enhance the user experience.”
Apple Pay allows American Express® Card Members to add their
eligible Corporate Card¹ and pay with their mobile devices at
contactless merchants in stores, or within participating
apps that accept American Express. American Express added
Apple Pay for Consumer Cards and OPEN Small Business Cards in late
2014.
Security and privacy is at the core of American Express and
Apple Pay. When you add a Card to Apple Pay, the actual Card
numbers are not stored on the device, nor on Apple servers.
Instead, a unique Device Account Number is assigned, encrypted
and securely stored in the Secure Element on your device. Each
transaction is authorized with a one-time unique
dynamic security code.
For more information on Apple Pay, please
visit www.amex.co/applepay.
About American Express Global Corporate
Payments
Through its Global Corporate Payments division, American Express
offers a suite of B2B and T&E payment solutions that can help
organizations streamline processes and identify opportunities to
help drive savings and efficiency. American Express can help your
organization improve working capital flexibility and your
relationships with suppliers. For more information, visit
https://business.americanexpress.com/us/
About American Express
American Express is a global services company, providing
customers with access to products, insights and experiences that
enrich lives and build business success. Learn more
at americanexpress.com and connect with us
on facebook.com/americanexpress,
foursquare.com/americanexpress, linkedin.com/company/american-express,
twitter.com/americanexpress,
and youtube.com/americanexpress.
Key links to products and services: charge and credit cards,
business credit cards, Plenti rewards program, travel services,
gift cards, prepaid cards, merchant services, corporate card and
business travel.
1 An "eligible American Express Corporate Card" means the
following American Express Corporate Cards issued by American
Express Travel Related Services Company, Inc. to you as an employee
of a commercial card customer working in the United States:
American Express ® Corporate Green Card; American Express ®
Corporate Gold Card; American Express ® Corporate Platinum Card;
American Express ® Corporate Centurion Card; American Express ®/
Business Extra ® Corporate Card; and American Express ® Corporate
Defined Expense Program Corporate Card. Prepaid Cards and other
products are not eligible.
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version on businesswire.com: http://www.businesswire.com/news/home/20150810005593/en/
M BoothAlex Della Rocca, 212-539-3203alexd@mbooth.comorAmerican
ExpressMelissa Banas, 212-640-8658melissa.j.banas@aexp.com
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