CFOtech UK - Technology news for CFOs & financial decision-makers
Story image

Guavapay partners with American Express for UK payments

Fri, 22nd Nov 2024

Guavapay has announced a partnership with American Express to allow MyGuava Business merchants to accept American Express Cards as a payment option.

The collaboration will enable MyGuava Business merchants using online payment gateways and POS terminals across the UK and Europe to offer their customers the choice to pay with American Express.

This agreement aims to support businesses by granting access to premium, high-spending customers and enhancing the payment experience in both online and physical retail settings.

Kamal Hasanov, CEO of Guavapay, commented on this development: "We are absolutely thrilled to partner with American Express, enabling Amex Card transactions for our merchant customers and giving them access to a wider variety of payment methods. This collaboration aligns with our mission to empower businesses of all sizes with a comprehensive solution that provides greater revenue opportunities locally and beyond borders."

Dan Edelman, General Manager of UK Merchant Services at American Express, expressed similar sentiments: "Guavapay will enable yet more businesses across the UK and Europe to benefit from welcoming loyal and high spending Amex Cardmembers, offering an improved payment experience to their customers."

MyGuava Business, the flagship product of Guavapay, is designed to cater to the varied financial needs of modern businesses.

It provides solutions for online, physical, and hybrid operations which are integrated into a single platform. This includes corporate cards, multicurrency accounts, POS terminals, payment gateway solutions, and features that support automation and integration, aimed at enhancing transaction efficiency.

Guavapay is headquartered in London and operates as a global fintech company. It has constructed an expansive financial ecosystem intended to empower both individuals and businesses, granting them increased control over their financial activities. Its product offerings, particularly the All-Things-Payments App - MyGuava and the B2B platform - 'MyGuava Business', focus on simplifying financial services to make them more accessible and affordable.

American Express operates as a globally integrated payments company, offering its customers access to a range of products, insights, and experiences designed to enrich lives and contribute to business success.

Follow us on:
Follow us on LinkedIn Follow us on X
Share on:
Share on LinkedIn Share on X