According to a current press release from Airwallex, the Ripple companion has partnered with American Express to expand its merchant payment method capabilities.
- The company also shared the news via Twitter.
Partnering with @AmericanExpress to allow Airwallex customers to accept American Express cards as a payment method. 💳
Learn more: https://t. co/shNHckywCN#fintech #amex #payments pic. twitter. com/45kOR3pL9y
– Airwallex (@airwallex) January 17, 2023
The partnership allows Airwallex customers in Australia, Hong Kong, Singapore, and the UK to pay with American Express cards. In particular, they can do so via the online payment platform, via their Xero account, and via the ecommerce shopping extension.
Airwallex reports that the partnership was sparked by customer demand to take advantage of American Express’ superior payment options.
According to the press release, the new conclusion will combine Airwallex’s technology with American Express’ convenience for cross-border, multi-currency payments. including American Express.
It is worth noting that Airwallex has been a Ripple partner and RippleNet user since 2017, according to a
Ripple blog post. As such, it uses XRP as a currency substitute in multi-currency and cross-border transactions, ensuring near-instantaneous and low-cost currency transfers and settlements. Unable to load all totals.