Ryft, an innovative payments provider, has announced a groundbreaking partnership with the global payments giant, American Express (Amex).
The partnership is poised to revolutionize payment flexibility for eCommerce merchants in the UK by enabling them to accept payments via Amex Cards. This initiative marks a significant expansion of Ryft’s capabilities, allowing a broader range of cutting-edge digital platforms to integrate Amex as a payment option. The inclusion of American Express as a payment method underscores Ryft’s commitment to scaling and growing its comprehensive suite of payment solutions.
Ryft operates as a unified payment platform designed to empower marketplaces and B2B platforms. Its end-to-end solution facilitates PSD2 compliance, automates payouts, monetizes transactions for digital platforms, and diversifies payment options across various digital marketplaces.
Since its inception in 2022, Ryft has shown remarkable growth, processing millions of transactions across diverse digital merchant platforms. The addition of Amex as a payment option is a strategic move to maintain Ryft’s competitive edge in the market, offering merchants the opportunity to attract high-spending Amex Cardmembers.
American Express, a leader in the global payments industry, brings its reputation for innovation and customer loyalty to the partnership. With a long history of providing a wide array of payment solutions, Amex’s collaboration with Ryft is set to open new doors for eCommerce merchants seeking to offer more flexible payment options to their customers.
Speaking about the partnership, Ryft CEO and co-founder, Sadra Hosseini, expressed excitement over the collaboration, stating: “We are delighted to announce our new partnership with American Express, a true leader in the payments industry. This collaboration marks a significant milestone for us, opening doors to exciting possibilities and reinforcing our commitment to delivering unparalleled value to our partners.
“Moving forward, we look forward to offering merchants innovative solutions that will redefine the way people experience payments. This partnership symbolises a powerful synergy between our two businesses, and we can’t wait to embark on this journey of growth in the marketplace space together.”
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