American Express has announced that it is first major credit card company to allow corporate card holders to pay using Apple Pay.
Describing it as a way to help companies to “streamline their payments systems and simplify their processes,” the announcement means that AmEx card users can now add eligible corporate cards to Apply Pay.
These corporate cards include the American Express Corporate Green Card, American Express Corporate Gold Card, American Express Corporate Platinum Card, American Express Corporate Centurion Card, American Express/Business Extra Corporate Card, and the American Express Corporate Defined Expense Program Corporate Card.
By opening up Apple Pay to more corporate customers, it will hopefully drive Apple Pay adoption, which has been slowing down as of late. Last week, it was reported that the percentage of iPhone 6 users in the U.S. who have tried Apple Pay declined from 15 percent in March to 13.1 percent in June.
Now if only more vendors would accept Apple Pay…
Source: American Express