BR-DGE and American Express unite to boost Open Banking payments
By Gloria Methri
Payment orchestration provider BR-DGE has announced a partnership with American Express to enhance the Open Banking capabilities for merchants in the UK and Europe.
BR-DGE’s Partnership Program brings together over 300 payment providers and technology solutions to enable merchants to optimise their payments stack, access the latest innovations, and benefit from payment orchestration.
The collaboration with American Express will enhance the merchant and consumer experience by offering a frictionless Open Banking payment solution.
Complementing BR-DGE’s work in travel and retail, American Express will enable real-time Open Banking payments for leading brands via its first-to-market payment solution Pay with Bank Transfer.
Pay with Bank transfer enables instant payments from the customer’s account, helping merchants reduce transaction costs, drive conversion, and decrease fraudulent activity. The solution is trusted by Trailfinders, Qatar Airways, and Richer Sounds.
The partnership with BR-DGE will support American Express as it seeks to accelerate the adoption of Pay with Bank Transfer and offer merchants access to industry-leading payment orchestration products through BR-DGE.
Commenting on the partnership, Tom Voaden, Head of Partnerships at BR-DGE said, “American Express is pioneering the latest in Open Banking technology and we are delighted to be collaborating with its team of leading experts. By partnering with innovative payment and technology providers in the industry, such as American Express, we can offer a platform that enables our merchants to select the best payment solutions at speed and build a payment stack that supports their growth ambitions.”
Charlotte Wise, Director, International open banking payments at American Express added, “We are thrilled to announce our new partnership with BR-DGE, which brings together the established expertise of American Express, with the innovative technology of a dynamic FinTech player, providing a seamless experience for merchants looking to integrate payment options for their customers. We are excited to be leading the way and look forward to the benefits this partnership will bring to merchants and consumers alike.”
IBSi Daily News Analysis
January 16, 2024
American Express
Egypt among top remittance recipient countries in 2023: World Bank
Read MoreIBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage