American Express is making what appears to be a landgrab for what some see as the next big market for payments – the metaverse. The company has filed trademark applications for... read more
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American Express doesn’t issue debit cards in the US but it is gearing up to issue debit cards in China as it extends its position in the country. AmEx was... read more
The post American Express prepares to launch debit card product in China appeared first on Payments Cards & Mobile.
American Express has won regulatory approval to become the first US credit card company to enter the Chinese payments market and start building its own payments network. The company said... more
The post American Express gets regulatory approval to enter Chinese payments market appeared first on Payments Cards & Mobile.
A group of Canadian retailers and other businesses are pushing for lower credit-card fees from major payment networks amid a long standing battle over what they claim are inflated Canadian rates. The two largest credit-card companies, Visa Canada and MasterCard Canada, charge businesses an average of 1.5% of their transactions for accepting the plastic, with [...]
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American Express is reported to be investigating a potential data breach by a merchant in California. Apparently, the merchant was compromised, leading to the possible exposure of account numbers, names, expiration dates and other information. In a notice to customers filed with the Office of the Attorney General in California, Amex chief privacy officer Stefanie Ash [...]