- Revolut Business merchants in the UK can now leverage the benefits of accepting American Express payments, including access to higher spending and premium customers
- The addition of American Express brings the number of payment methods available to Revolut Business merchants to seven
- Merchants accepting American Express can benefit from competitive rates and the perks associated with having a Revolut Business account
London, 9th October 2024 – Revolut, the global fintech with over 45 million retail customers and hundreds of thousands of business customers globally, is now giving Revolut Business merchants in the UK the option to accept American Express Cards as a payment method for ecommerce, including through Revolut Gateway, Payment Links, and Tap to Pay on iPhone payments – with more in-person payment solutions to come later this year.
Through this partnership, Revolut will enable its merchants to gain access to American Express’ higher spending, premium customers, and support further growth of American Express’ merchant network in the UK. It marks a significant milestone for Revolut Business and represents an added revenue stream as merchants have access to a previously untapped pool of customers.
With the addition of American Express, Revolut Business now offers seven payment methods for merchants at their checkout. This is the next step in Revolut Business’ mission to help merchants maximise payment acceptance tools to speed up sales, boost loyalty, and grow their businesses.
By accepting Amex payments through Revolut Business, merchants have access to all the perks associated with using the Revolut Business account, including great payment acceptance rates, quick payments, competitive currency conversions, and international spending within their Revolut Business account.
Alex Codina, General Manager – Merchant Acquiring at Revolut Business, commented: “Customers are valuing the freedom to use their preferred payment methods more than ever before. Businesses accessing a wide array of payment methods through Revolut Business can create seamless experiences for their customers, fostering loyalty and encouraging repeat business. It’s why we are so excited to offer access to cost-effective and secure American Express payments through our platform, helping our merchants expand and capture new audiences.”
Dan Edelman, General Manager, UK Merchant Services at American Express, added: “Revolut Business will enable yet more businesses across the UK to benefit from welcoming loyal and high spending Amex Cardmembers, offering an improved payment experience to their customers.”
To learn more about how Revolut Business can help you scale your business with American Express payments and other payment capabilities, visit: revolut.com/business/accept-payments
About Revolut Business
Revolut Business is a global financial super app for businesses, helping startups, scale-ups and enterprises accept and make payments globally, exchange money at great rates and manage their spending. Our mission is to be the one platform for managing all business finances. Launched in 2017, today hundreds of thousands of businesses rely on Revolut Business to run their businesses and as a platform for growth. To learn more, visit revolut.com/business.
About American Express
American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success.