Experian and American Express Partner on International Payments
Experian and American Express have partnered to offer international payment processing and foreign exchange (FX) services to Experian’s UK clients. The deal will make it easier and cheaper for businesses of all sizes to make and process overseas payments online.
The partnership adds a global payment processing capability to Experian’s existing range of services, which includes international bank account validation and domestic payment processing. A direct link to American Express’s FX international payments product will be included within the Experian Payments Gateway, a widely used Bacstel-IP service available in the UK.
Jonathan Williams, director of payments strategy at Experian UK and Ireland, said: “UK businesses of all sizes are increasingly doing business internationally and our clients wanted the ability to make and receive payments overseas as easily as they do at home. This deal with American Express addresses one of the fundamental challenges of doing business in a global world, identifying a trusted, cost effective service provider to facilitate overseas payments, and further strengthens a long standing global relationship between the two companies.”