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American Express

  • Report: American Express sued for misleading investors about Costco

    New York -- American Express Co and Costco Wholesale Corp. are at it again.

    A lawsuit has been filed accusing American Express of misleading investors about the loss of its contract with Costco after having failed to reveal how significant that business had become to the credit-card company, Reuters reported.

  • Best Buy makes online shopping even easier

    Best Buy is taking another leap forward in its quest to make shopping across platforms as easy as possible for consumers.

    The retailer, in partnership with American Express, has integrated new technology that allows Amex card members enrolled in the Amex Membership Rewards program to seamlessly use their points for online purchases on BestBuy.com. In addition card members can use their membership rewards points for all or part of each online purchase and either pick it up in one of Best Buy’s stores or have it delivered to their doors.

  • American Express debuts competitor to PayPal

    New York -- The online checkout space keeps getting more crowded.

    American Express on Thursday launched Amex Express Checkout, an alternative online payment method that its U.S. card members can use to check out and pay on partnering websites and apps. Unlike other online payments tools currently in the marketplace, Amex Express Checkout does not require a card member to create or manage a new account.

  • American Express unveils answer to Paypal

    The online checkout space keeps getting more crowded.

  • Nilson Report: U.S. merchants’ card processing fees continue to rise

    Carpinteria, Calif. -- With more Americans using credit, debit and prepaid goods to pay for goods and services, the amount merchants pay to process those cards continues to rise.

  • Apple Pay adds select retail credit cards, rewards programs

    Cupertino, Calif. – Apple Inc. is enacting a number of significant enhancements to its Apple Pay mobile payment app, including adding support for rewards programs and store-issued credit and debit cards. During a June 8 keynote address at Apple’s Worldwide Developers Conference (WWDC), Jennifer Bailey, VP of Apple Pay, said that retailers, including Dunkin' Donuts, Walgreens, Wegmans, and Kohl's, will support the new reward card functionality.

  • Study: Credit card spending grows

    Carpinteria, Calif. – America’s love affair with credit cards continues heating up. According to The Nilson Report, purchase volume at merchants for general purpose-type consumer and commercial credit, debit, and prepaid cards issued in the U.S. totaled $4.91 trillion in 2014, up 8.4% from 2013.

    Credit cards increased their market share in purchase volume compared to debit and prepaid cards to 53.59% in 2014, up from 52.95% in 2013.

  • Rite Aid integrates loyalty program with Plenti, runs campaign

    Camp Hill, Pa. - Rite Aid Corp. has launched a new integrated marketing campaign in support of its wellness+ loyalty program with the new Plenti coalition program from American Express. As a part of Plenti, The new campaign features a 30-second TV spot and includes direct mail, in-store signage, circular and multi-platform digital activation with six online videos, email, search, display, pre-roll and social media strategies.

  • Amex launches loyalty program

    New York – American Express is launching a new loyalty program called Plenti. The program lets consumers use loyalty points accrued at one participating retailer and use them at another.

    Initial participating organizations include AT&T, Exxon, Macy’s, Mobil, Nationwide, Rite Aid, Direct Energy, Enterprise Rent-A-Car and Hulu. The program is expected to include more brands in additional categories over time.

  • Macy's, Rite Aid now offer Plenti more rewards

    Macy’s and Rite Aid are joining the other major retailers and companies that have partnered with Plenti, the first U.S.-based loyalty coalition  that allows shoppers to earn rewards points through a variety of purchases, from paying a phone bill to filling up at the pump.

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