• Agreement provides American Express® Cardmembers with a greater payment choice

RIYADH: American Express Saudi Arabia has announced the signing of partnership agreement with Riyad Bank that will permit merchants on Riyad Bank’s Point of Sale (POS) network to accept American Express Card payments.  The agreement will give access American Express Cardmembers to use pay with their Cards at a significant number of new locations, providing greater payment choice and wider acceptance for them.

The POS partnership agreement was signed during a ceremony held in Riyad Bank’s headquarters in Riyadh with the presence of Mr. Fahad Mubarak Al Guthami, Chief Executive Officer at American Express Saudi Arabia, and Mr. Mohammed Abo Al-Naja, Chief Corporate Banking Officer at Riyad Bank, with officials from both sides in attendance.

Commenting on the significance of the new agreement, Mr. Al Guthami said: “We are pleased to work with Riyad Bank to expand on the number of locations that Welcomes American Express in the Kingdom, providing our Cardmembers with more locations and wider coverage more than ever to pay with their Cards across Saudi Arabia. This is part of our commitment to significantly expand on the businesses that accepts American Express in the Kingdom and around the world as a payment method. “

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About American Express® Saudi Arabia

American Express Saudi Arabia is regulated by the Saudi Central Bank (SAMA) as a Finance Company. The company owns and operates the American Express Card and merchant business in the Kingdom of Saudi Arabia. Even though American Express products have been available to customers, merchants, and corporations in Saudi Arabia for over 20 years, the formation of American Express Saudi Arabia in 1999 represented a major milestone for the development of the American Express Brand in the Kingdom. Combining the resources and expertise of American Express with The Saudi Investment Bank has contributed to developing and expanding the services offered to American Express Cardmembers and merchants in the Kingdom.

The company offers a wide range of products and services, including:

  • Credit Cards (Blue, Gold and Platinum)
  • Charge Cards (Green, Gold and Platinum) 
  • Cobranded Cards (Alfursan and Marriot Bonvoy Credit Cards)
  • Corporate Payment Solutions (Corporate Cards, Business Cards, vPayment and Corporate Travel Accounts)

For more information, please visit the American Express Saudi Arabia website at: https://www.americanexpress.com.sa