American Express

 

Merchants can tap into a loyal global customer base by accepting American Express (Amex), which boasts over 100 million cards in circulation across more than 130 countries worldwide.

Incorporating Amex as a payment option offers an opportunity to boost revenue, given that Amex cardholders typically spend three to four times more than Visa and Mastercard users. This makes Amex a preferred choice, especially for premium and luxury brands. Globally, Amex holds the position of the fourth-largest card network by purchase volume, trailing China UnionPay, Visa, and Mastercard.

As of December 31, 2022, the worldwide circulation of Amex cards stood at 133.3 million, and in 2022, it captured a 4.61% market share by payment volume.

 

This payment method could be relevant for your business if you sell to clients in the following countries or regions:

Global