News

Sam’s Club Opens Doors For Amex

The year 2015 hasn’t been American Express’ friend. The big blow that came, of course, was that the card network was going to be severing its 16-year deal with Costco.

Now, however, the page for Amex and its deals with big box retailers may be turning a new page. The company announced yesterday (Sept. 10) that Sam’s Club will accept Amex cards starting Oct. 1. This means that Amex will now have a presence in more than 650 Sam’s Club stores in the U.S. and Puerto Rico.

“We are constantly looking for ways to expand the places where our Card Members can shop and bring more convenience and value to their everyday lives,” said Anré Williams, President of Global Merchant Services at American Express. “We are delighted to work with Sam’s Club, a retailer that shares our keen customer focus. Their nationwide presence provides more shopping choices to our consumer and small business Card Members, giving them access to great products, brands and services. We look forward to working with Sam’s Club to help them reach new customer segments and deliver rich marketing benefits.”

This also helps Amex gets its foot in the door with the eighth largest retailer in the U.S.

“The acceptance of the American Express Card underscores our commitment to bring greater ease and flexibility to our members’ shopping experience. American Express – known for their exceptional customer service, loyal, higher-spending Card Members and advocacy of small businesses – will help to extend the value of membership,” said Tracey Brown, chief member officer at Sam’s Club.

To check out what else is HOT in the world of payments, click here.

——————————–

Latest Insights: 

Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. The May 2019 AML/KYC Tracker, provides an in-depth examination of current efforts to stop money laundering, fight fraud and improve customer identity authentication in the financial services space.

Click to comment

TRENDING RIGHT NOW

To Top