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The cards allow businesses to decided whether to earn rewards or adjust payment terms on certain purchases. AmEx is one of the largest small business card issuers in the US. It’s extended partnership with Amazon now sees it try to woo more small business customers abroad as well, as the card issuer and e-commerce giant already operate a co-branded card scheme for businesses in the US.
“We know that a vast number of the UK’s businesses rely on Amazon’s wide-ranging products and services and are excited to launch this,” says Colin O’Flaherty, AmEx’s general manager for UK global commercial services. Amazon has separate card deals with other financial incumbents. One includes JPMorgan Chase, which issues Amazon consumer credit cards for purchases on Amazon, as well as all other merchants.
https://www.fintechfutures.com/2020/10/amex-and-amazon-launch-co-branded-credit-cards-for-uk-smes/
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