Retailers in Africa see expanded payment options with Amex [Yahoo! Finance]
NEDBANK GROUP LTD S/ADR (NDBKY)
NASDAQ:AMEX Investor Relations:
nedbank.co.za/content/nedbank/desktop/gt/en/aboutus/investor-center/latest-financial-results.html
Company Research
Source: Yahoo! Finance
establishing its footprint through a partnership with the Bank of Africa in the 1890s. In recent years, as the payments landscape has evolved, Amex has made strides to increase its presence across the continent, offering more payment solutions to businesses and consumers. The company's efforts focus on expanding acceptance of American Express Cards, launching new products, and providing additional services for Amex Cardmembers in various African countries. Partnerships and payment solutions A significant part of American Express's expansion in Africa has been driven by partnerships with local banks and fintech companies. In South Africa, Amex has maintained a longstanding collaboration with Nedbank, a major financial institution, for more than 50 years. Nedbank was the first to issue American Express Cards in the region in 1968 and continues to manage both card issuance and merchant acceptance in several countries, including Lesotho, Eswatini, Namibia, and Zimbabwe. In E
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