Revolut Business has partnered with American Express to extend payment method options for its UK merchants.
This strategic alliance allows Revolut Business merchants to accept American Express payments, adding to their array of payment solutions.
This partnership between Revolut and American Express introduces significant advantages for UK merchants, facilitating access to a more affluent customer base that American Express is known for. This collaboration not only broadens the merchant network of American Express in the UK but also opens up a new revenue avenue for Revolut Business merchants by tapping into a market segment that was previously unreached.
The integration of American Express into Revolut Business’s payment options increases the total to seven distinct methods that merchants can offer at checkout. This development aligns with Revolut Business’s goal of enhancing payment tool availability, which in turn accelerates sales, fosters customer loyalty, and supports business expansion.
Moreover, by incorporating American Express, merchants utilizing Revolut Business can enjoy numerous benefits. These include advantageous payment acceptance rates, swift transaction processing, favourable currency conversion rates, and the ability to handle international transactions efficiently within their Revolut Business accounts.
Revolut Business General Manager – Merchant Acquiring, Alex Codina, said, “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.”
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