This partnership will enable American Express Card holders
use their cards at a wider range of merchant locations when they spend time in
Nigeria for tourism, business or visit friends and family. International
American Express Card holders will also be able to withdraw cash from Access
Bank ATMs. Local merchants will now have the option to accept American Express
through Access Bank, thereby not only encouraging increased merchant business
activity but also offering travelling American Express Card holders the
opportunity to transact using their preferred method of payment.
This new partnership will broaden the acceptance of American
Express payments via Access Bank as well as Access Bank ATMs and ecommerce
websites nationwide. Many global organisations use American Express Corporate
Cards as well as their employees who use these products for personal and
business transactions. When international travel recovers, many corporate Card
holders travelling to Nigeria for business are therefore likely to seek
merchants that accept American Express, presenting an opportunity for those
businesses that welcome the Card. Consequently, Access Bank merchants who
welcome the use of American Express cards will benefit from an additional
high-spending customer base.
Robert Giles, Senior Banking Advisor Retail Banking, Access
Bank said: “We are proud to be partnering with American Express to bring some
of the best payment solutions in the world to Nigeria. Access Bank has the
largest and most accessible ATM network in the country, a leading payments
business with over 16 million card holders and a huge acceptance network both
online and point of sale. The benefits will be immediate as soon as travel
resumes. We expect significant demand for American Express acceptance in the
country, and business travellers and tourists from across the globe will now be
able to use the card of their choice. This is great news for Nigerian
businesses and will help bring foreign exchange inflows into the country. We
value the confidence that American Express has placed in us to significantly
enhance the payment experience in our market.”
Vivi Galani, Vice President EMEA Network Partnerships for
American Express said: “We are pleased to be partnering with Access Bank to
continue to expand the presence of American Express in Nigeria, which is an
important location for our travelling card holders and a fast-growing market
for commerce. This agreement will give international Cardmembers even more
locations to use their cards in Nigeria, whether they are travelling for
business or leisure, and this will be particularly important as international
travel resumes. For local merchants, it provides the opportunity to capture
more business from global card holders visiting the country.”
Access Bank is a leading full-service commercial Bank
operating through a network of more than 600 branches and service outlets
spanning three continents. It is a diversified financial institution which
combines a strong retail customer franchise and digital platform with deep
corporate banking expertise and proven risk management and capital management
capabilities.
Access Bank is committed to positively impacting lives and
building the economy through technology. For years, the Bank has invested in
several initiatives geared towards improving access to financial services for
all segments, making payments seamless and expanding its retail footprint.
American Express is a global payments company, providing
customers with access to products, insights and experiences that enrich lives
and build business success.
American Express has partnered with a select group of leading banks and financial institutions around the world to issue American Express branded products and acquire merchants on the American Express merchant network. By leveraging its partnerships, global infrastructure and the powerful appeal of the brand, American Express has gained even broader reach for its network worldwide.
Contact Access Bank
Merchants who are interested in accepting American Express
through Access Bank should send an email to:
AcquiringandCollectionsUnit@ACCESSBANKPLC