American Express (NYSE: AXP) today announced plans to launch a new
cobranded Amazon credit card for small businesses in the U.S. The new
cobranded card will enhance the way small businesses buy goods and
services across Amazon, and is part of a larger multi-year partnership.
This partnership also includes an enhanced data solution that gives
businesses in the U.S. greater insight into their purchasing activity,
as well as a continued global card acceptance relationship.
“At American Express, we have been helping business owners grow for more
than 50 years and we know that millions of them rely on Amazon. Amazon’s
global product selection and selling services help small businesses
think big and run efficiently,” said Glenda McNeal, President,
Enterprise Strategic Partnerships at American Express. “We’re delighted
to expand our partnership with Amazon by offering a new cobranded small
business card, and by also harnessing the collective insights and
expertise of our companies to deliver tangible value to our mutual
customers who use Amazon’s services.”
“We selected American Express as our partner for the upcoming small
business credit card because of our shared commitment to helping small
businesses grow,” said Max Bardon, Vice President at Amazon. “Offering
the best of both brands, the cobranded small business credit card
program will combine the buying power, convenience and value small
businesses have come to know and love from Amazon backed by the
world-class service, benefits, access and security of American Express.”
Earlier this year, American Express also launched an enhanced data
solution with Amazon Business, Amazon’s B2B e-commerce marketplace and
purchasing solution. This integration seamlessly provides businesses
with line-item detail on their Amazon transactions, enabling more
efficient monitoring, control, and reconciliation of Amazon Business
purchase transactions made with American Express® Corporate Cards or
Corporate Purchasing Cards in the U.S., and allows customers to run more
advanced analytics. Businesses interested in signing up for Amazon
Business can visit: amazon.com/business.
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,
instagram.com/americanexpress,
linkedin.com/company/american-express,
twitter.com/americanexpress,
and youtube.com/americanexpress.
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