12 January 2012: Experian®, the global information services company, and American Express, today announced a partnership to offer international payment processing and foreign exchange services to Experian’s UK clients. The deal will make it easier and cheaper for businesses of all sizes to make and process overseas payments online.
The partnership adds a global payment processing capability to Experian’s existing range of services, which already includes international bank account validation and domestic payment processing. A direct link to American Express’s Foreign Exchange International Payments product will be included within the Experian Payments Gateway, the most widely used Bacstel-IP service available in the UK.
Jonathan Williams, Director of Payments Strategy at Experian UK & Ireland, comments: “UK businesses of all sizes are increasingly doing business internationally and our clients wanted the ability to make and receive payments overseas as easily as they do at home. This deal with American Express addresses one of the fundamental challenges of doing business in a global world, identifying a trusted, cost effective service provider to facilitate overseas payments, and further strengthens a long standing global relationship between the two companies.”
David Pluckrose, Business Development and Partnerships Director for American Express said: “Businesses are increasingly looking overseas for opportunities to grow. When businesses operate globally, working with the right enabling partners, those that understand the international marketplace and have both reach and reputation is key. American Express and Experian can help businesses succeed globally. Through this partnership American Express will enable Experian’s clients to make payments anywhere in the world quickly, easily and with confidence, leaving them able to focus on their primary business activities.”
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David Stewart, American Express Tel: 01273 216 674
Victoria Magson, Text 100 Global Public Relations Tel: 0208 846 0754
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About American Express
American Express is a global service company, providing customers with access to products, insights and experiences that enrich lives and build business success.
A leader in global payments, American Express is the largest card issuer by purchase volume and operates a worldwide network that processes millions of transactions daily.
We offer the broadest array of payment, expense management and travel solutions for consumers including, credit cards, charge cards, travel, home and car insurance, as well as a travelers’ cheques, foreign exchange services, and worldwide travel services.
Established in 1850 as an U.S. express delivery service, American Express has remained a leader for generations by embracing both innovation and tradition. As our company has grown and evolved, sometimes reinventing our business outright, we have never strayed from the customer-service ethos and values on which the company was built -- trust, security, integrity, quality, good citizenship, respect and customer commitment.
Experian is the leading global information services company, providing data and analytical tools to clients in more than 80 countries. The company helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft.
Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended 31 March 2011 was US$4.2 billion. Experian employs approximately 15,000 people in 41 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.
For more information, visit http://www.experianplc.com .