American Express and Square Join to Announce New Credit Card

Few businesses operate without Square anymore, as the payment and financial management system quickly became a necessity with the growing number of cashless payments. As another major voice in the financial business sector, American Express teamed up with Square to produce a new credit card designed to integrate with Square’s software and add to Amex’s line of popular credit cards.

While the card will be offered by Celtic Bank and powered by i2c, American Express will offer backing for the new card. And since the Square Credit Card has small business owners in mind, Amex made a perfect match.

“American Express increasingly hears from small- to medium-sized business owners that they need a single-point solution, a platform from which they can manage all their payments,” said Dean Henry, executive vice president of global commercial payments at American Express. Thanks to this partnership, small business owners can now track payments, cash flow, and their financials all from the same platform.

American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more about American Express National Bank and its products by browsing the services it offers.

Square helps sellers more easily run and grow their businesses with its integrated ecosystem of commerce solutions. Square offers purpose-built software to run complex restaurant, retail, and professional services operations, versatile e-commerce tools, embedded financial services and banking products, buy now, pay later functionality through Afterpay, staff management and payroll capabilities, and much more – all of which work together to save sellers time and effort. Millions of sellers across the globe trust Square to power their business and help them thrive in the economy. Square is part of Block, Inc. (NYSE: SQ), a global technology company with a focus on financial services.