American Express has released a cross-border payments product for US businesses.
In Brief:
American Express Global Pay – is a new digital solution to help businesses make payments.
US businesses will make secure domestic and international B2B payments.
Businesses will be able to send payment to suppliers in more than 40 countries across a number of currencies.
What does this mean?
Dean Henry, Executive Vice President of Global Commercial Services at AmEx, says: “Our U.S. Small Business Card Members told us they want an international payment solution focused on simplicity, convenience and the chance to earn rewards – so we built American Express Global Pay to enable these businesses to easily and effectively manage their B2B payments globally on a secure platform, backed by the trusted service and unique benefits of American Express Membership.”
