Guavapay expands merchant payment options with American Express

By Gloria Methri

FinTech Guavapay is now giving its MyGuava Business merchants the option to accept American Express® Cards as a payment method.

Through this collaboration, MyGuava Business merchants using online payment gateways and POS terminals can offer their customers the option to pay with American Express. The agreement across the UK and Europe marks a significant milestone for Guavapay. It enhances its ability to serve businesses seeking the benefits of accepting American Express payments, including access to premium, high-spending customers and improving the payment experience in both online and physical shops.

Kamal Hasanov, CEO of Guavapay, expressed his enthusiasm for the partnership, stating, “We are absolutely thrilled to partner with American Express, enabling Amex® Card transactions for our merchant customers and giving them access to a wider variety of payment methods. This collaboration aligns with our mission to empower businesses of all sizes with a comprehensive solution that provides greater revenue opportunities locally and beyond borders.”

Dan Edelman, General Manager of UK Merchant Services at American Express, added, “Guavapay will enable yet more businesses across the UK and Europe to benefit from welcoming loyal and spending Amex® Cardmembers and offering an improved payment experience to their customers.”

Headquartered in London, Guavapay has built a global financial ecosystem to empower individuals and businesses and give them more control over their financial lives. The All-Things-Payments App, MyGuava, simplifies financial services, making them more accessible and affordable for historically overlooked populations.

MyGuava Business is a flagship product of Guavapay tailored to meet the diverse financial needs of today’s businesses. It offers comprehensive solutions for online, physical, and hybrid operations, making it an all-in-one platform. MyGuava Business’s corporate cards, multicurrency accounts, POS terminals, payment gateway solutions, and automation and integration capabilities are all designed to enhance efficiency and streamline transactions.