American Express Collaborates with Uber for Corporate Travel
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.