Amer­i­can Ex­press Col­lab­o­rates with Uber for Cor­po­rate Travel

Dataquest - - INDUSTRY -

Amer­i­can Ex­press has an­nounced tie-up with on-de­mand mo­bil­ity so­lu­tions provider, Uber, in In­dia. The tie-up al­lows AmEx to in­te­grate its Cor­po­rate Card pro­grams with Uber’s cor­po­rate plat­form ‘Uber for Business’. Amer­i­can Ex­press is the first client to be ac­cepted on the cen­tral pay plat­form of Uber.

Com­pa­nies us­ing Amer­i­can Ex­press Cor­po­rate Card Pro­gram will now be able to lever­age Uber’s global pres­ence. Their em­ploy­ees, while trav­el­ling for work, can use Uber for Business in any of the 70 coun­tries in which Uber op­er­ates. The billing would seam­lessly be done at the com­pany ac­count, back in In­dia. What’s more, cor­po­rate clients will be en­ti­tled to sign-up bonus and us­age based ben­e­fits, along with bonus Mem­ber­ship Re­ward points. They can also avail ex­tended pay­ment terms (51 days credit pe­riod).

Through this part­ner­ship AmEx will be able to cap­ture in­cre­men­tal billings in the en­ter­prise ground trans­porta­tion seg­ment. It will also give the brand an op­por­tu­nity to acquire Uber for Business’ ex­ist­ing and prospec­tive cus­tomers for its Cor­po­rate Card Pro­gram. Sim­i­larly, Uber will ben­e­fit by pro­mot­ing its en­ter­prise so­lu­tion to the Amer­i­can Ex­press cor­po­rate client base, faster funds avail­abil­ity and op­ti­mized risk man­age­ment.

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