Barclaycard is to become an American Express card issuing partner in the UK.
The two currently have a number of business relationships around the world, including in the US for card issuing, and the UK for acceptance of payments. They will commence product development during 2013. Valerie Soranno Keating, chief executive at Barclaycard, says: “Today’s news that two of the world’s leading payments businesses will be working more closely in the UK will mean greater choice for UK consumers. It also reinforces Barclaycard’s position as a partner of choice in the payments industry and as a leading innovator in UK payments.”
Paul Abbott, executive vice-president, American Express Global Network Services, Europe Middle East and Africa, comments: “We are very pleased to partner with Barclaycard, reflecting our strategy of building relationships with the best partners around the world. By working with Barclaycard we look forward to bringing new benefits and services to their customers which reflect our commitment to outstanding value and first class service.”
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