American Express is to launch a new service called Amex Express Checkout, which will allow members to make online purchases users their existing American Express logins; the move is seen as signalling Amex's first serious move into the digital payment space. The company has been working on its own mobile payments platform for some time, but it was only recently that it began offering merchants access to it.
American Express is to launch a new service called Amex Express Checkout, which will allow members to make online purchases users their existing American Express logins; the move is seen as signalling Amex's first serious move into the digital payment space. A unique aspect of the new service, as compared to those offered by rivals, is that all US American Express cardholders will automatically gain access to the platform, which will integrate all of their existing login information; this avoids customers having to sign-up for the service themselves, which is typically the biggest hurdle towards getting customers to engage with mobile banking.