American Express® Business Agenda Members can now admission Extend’s Basic Agenda Platform
NEW YORK, September 22, 2021–(BUSINESS WIRE)–Today, American Express (NYSE: AXP) and Extend, a New York City-based fintech specializing in basic cards, appear their affiliation to aggrandize basic Agenda solutions for U.S. businesses. U.S. companies with an acceptable American Express Business Agenda can now accept and actualize basic Cards, additionally accepted as tokens, through Extend’s app or desktop login in as little as bristles annual application their absolute American Express Agenda account.
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“We accept apparent added and added businesses admission up their use of basic Cards back the alpha of the communicable as they looked to digitize their payments processes and admission their use of touchless payments,” says Dean Henry, Executive Vice President, Global Commercial Services, American Express. “With today’s announcement, our Business Cards can assignment alike harder for our Agenda Members through this quick and accessible basic Agenda option. This gives our Agenda Members added adaptability and ascendancy beyond their circadian business spending, including for B2B purchases and enabling their advisers to pay for expenses.”
“Virtual Cards can advice break appropriate needs for abounding businesses, from award a reliable and added way to ascendancy costs to automating acquittal processes or capturing accomplished data,” says Andrew Jamison, CEO, Extend. “This bazaar is rapidly growing as businesses apprehend aloof how able and able basic Cards can be—whether it’s managing cable payments, accouterment advisers with defended aggregation cards, or developing custom acquittal solutions with our APIs.”
Benefits of breeding basic Cards with American Express and Extend
According to the Global Business Spend Indicator1 by American Express, 39% of U.S. businesses surveyed apprehend to aggrandize their use of basic Cards over the abutting 12 months. The adeptness to actualize American Express basic Cards through Extend offers cogent allowances for businesses, including:
Quick onboarding: Accept in as little as bristles minutes, application an absolute American Express Business Card, at no added amount to Agenda Members.
Flexible and accessible to use: Quickly actualize basic Cards to clue spending on altered projects or types of expenses, or to accelerate basic Cards to employees, contractors, or vendors all aural the Extend platform.
Robust spending controls offered through badge technology: Set spending limits, cessation dates, automated refills, abiding payments, merchant class restrictions, and about-face Cards on and off as needed.
Reduced artifice and added security: Achieve an added band of aegis through the badge technology and annihilate the allegation to allotment primary Business Agenda numbers with anyone.
Streamlined amount reporting: Categorize costs and tag basic Cards and affairs
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