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Revolut, a leading fintech company, has announced a significant expansion of its payment services for UK business merchants. The company will now allow merchants to accept American Express cards, tapping into a premium customer base with higher spending potential.
This move aligns with Revolut’s strategy of providing innovative and comprehensive financial solutions. By adding American Express as a payment option, Revolut aims to enhance the capabilities of UK businesses and support the growth of the American Express network in the country.
The new American Express payment option will initially be available for e-commerce transactions through Revolut’s payment gateway, Payment Links, and Tap to Pay on iPhone. In-person payments will be supported later this year, offering even more flexibility for merchants.
With this addition, Revolut Business now boasts seven different payment methods for merchants at the checkout. This diversified offering caters to a wider range of customer preferences and promotes seamless payment experiences.
Alex Codina, Revolut Business general manager – merchant acquiring, expressed enthusiasm about the new feature: “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, American Express general manager, UK Merchant Services, echoed this sentiment: “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.”
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