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American Express Announces UK Partnership With Worldpay

American Express Announces UK Partnership With Worldpay

(15 May 2024 – United Kingdom) American Express has signed a new agreement with payment solutions company Worldpay for the United Kingdom (UK) market.

The partnership between the two companies will be focused on expanding the number of locations that Amex card members can spend, in a market where the total number of Amex accepting locations has increased by 46 percent between 2021 and 2023.

 

The new arrangement will allow small businesses to offer another option to accept their card payments, providing them with an opportunity to capture more spend from a broader set of customers. Worldpay merchants will be beneficiaries of a more streamlined experience, receiving a single statement to reconcile for their transactions, one settlement process, a simpler onboarding journey, and a single servicing contact.

 

“As our Cardmember base continues to grow in the UK, we’ve been making great strides in expanding our merchant coverage. This new strategic agreement will help power our progress, meaning thousands of additional small businesses across the country can benefit from welcoming Amex Cardmembers who, on average, spend 3.9 times more annually and 3.2 times more frequently than non-Cardmembers” commented AmEx’s UK Vice President and General Manager of Merchant Services.

 

“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. Consumers expect to pay the way they want to. By enabling our merchants to expand their choice of payments options more seamlessly, we’re helping them serve their customers better” added Chris Wood, General Manager SMB International and US Direct, Worldpay.

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