American Express has launched an enhanced version of its internet-based FX International Payments system, which it says combines competitive exchange rates and transaction fees with the convenience of an online service.
AmEx, a global foreign exchange and cards specialist, has redesigned its system to reflect the enhanced understanding it has garnered from running the online service for the past five years.
The company believes it has extend the operation’s flexibility by adding an array of new product features that range from online forward contracts to the ability to receive exchange rate alerts.
The enhanced system provides a quick, reliable solution to making payments abroad – and puts businesses in the driving seat 24/7. Efficient time management is a critical consideration for any business and the beauty of the system redesign is that it saves time spent on payment processing, makes transactions easier and provides a more flexible range of services, said Rocco Magno, director of FX International Payments.