UAE Exchange to Accept Payments on Behalf of American Express Credit Card Members

ABU DHABI, UAE, July 20, 2011 /PRNewswire/ --

• AMEX credit card members can use the wide network of UAE Exchange branches in the UAE to make payments
  

American Express Credit Card members can now pay their credit card bill payments at any of the widely networked UAE Exchange branches across the UAE. The leading global remittance and foreign exchange brand has joined hands with American Express for cash collection service.
This service adds to the strong range of payment services offered by UAE Exchange.

Speaking on the occasion Y. Sudhir Kumar Shetty, COO - Global Operations, UAE Exchange, said, "As a 30-year old brand, the focus of UAE Exchange has always been on quality of service and customer convenience. These values have been optimised in all the partnerships that we have entered into, with the aim of becoming the largest provider of remittance and value-added services. The tie-up with American Express will add new convenience to customers, who can take advantage of the wide and strong network of UAE Exchange branches and clear their American Express Credit Card bills on time, easily."

Mohammed Abdulkarim, UAE Regional Director, American Express Middle East said,
"This alliance is part of American Express Middle East's ongoing commitment to offer maximum convenience and flexibility to Card members. UAE Exchange's extensive footprint gives our card members a quick and easy way to settle their bills, wherever they may be in the country."

The event marking the launch of the service was attended by senior officials from
both the companies, special invitees and the Media.

About UAE Exchange

UAE Exchange has over 520 branches in 24 countries built over 30 years along with correspondent banking relationship with over 150 global banks. It caters to over 3.5 million customers worldwide contributing to 5.28% of global remittance volume.

About American Express

American Express^® Middle East provides reliable and rewarding solutions for its Card Members, Merchants and Business Partners in the region since 1977. Owned by Mawarid Investment Limited and American Express, the American Express Cards are accepted in more than 200 countries worldwide.

Contact: Lahcen Aterta | Manager - Media Relations, Tel: +971-2-4945480 | Fax: +971-2-6323893, aterta.lahcen@uaeexchange.com