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American Express Saudi Arabia enters partnership with Almosafer

By Delisha Fernandes

January 30, 2024

  • and Merchants Services
  • Business Travel
  • Cards Processings

America Express, Fintech News, APAC expansion, Appointment news, Fintech APAC, Sharon Chew, Vice President, General Manager, Global Merchants Services Asia, Asia News, Payments Processing, Cards Processings,American Express has announced the signing of an agreement with “Almosafer,” one of the leading travel management companies in the Kingdom of Saudi Arabia.

This agreement will enable Almosafer’s corporate clients to access centralized and unified payment solutions through the Corporate Travel Account (“CTA”) service provided by American Express.

Muzzammil Ahussain, CEO at Almosafer, added, “This agreement will provide our corporate clients with a truly invaluable solution that promises a more optimized, personalized business travel experience. It reflects our commitment to helping our customers enjoy seamless journeys around the world and elevating the standards of corporate travel within the Kingdom.

The American Express CTA is a centralized virtual payment solution that enables seamless management of business travel activities, while helping to improve cash flow and visibility of centralized travel expenditure. It enables greater control over travel costs and reconciliation through one monthly statements and reporting.

Fahad Mubarak Al Guthami, Chief Executive Officer at American Express Saudi Arabia, said, “ The company is committed to introducing innovative products and services to the Kingdom through strategic agreements with prominent businesses and financial institutions, enabling improved payment outcomes for our customers. We look forward to supporting Almosafer Business customers, bringing the convenience and diverse features of our CTA Travel Payment solution to an entirely new customer base.

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