Ryft Allows American Express Cardholders to Make Payments to UK Merchants

With the help of a new alliance with the multinational payments giant American Express, Ryft, the FCA-regulated payments service, is improving its digital platform payments offering.

Maurine Lind

March 15, 2024

1Min Read

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Payments

In order to provide payment flexibility, Ryft has partnered with American Express to allow its e-commerce merchants in the UK to accept payments via Amex cards.

Ryft is a single payment platform made especially to support B2B and marketplace environments. The end-to-end solution enhances the number of payment alternatives available on digital marketplaces, fully automates payouts, monetizes transactions for digital platforms, and assists merchants in meeting their PSD2 compliance needs.

Ryft was introduced in March, and as it grows, more digital platforms will be able to accept American Express as a form of payment. In order to continue increasing and growing, Ryft clarified that American Express is a crucial complement to its current payment options.

"This collaboration marks a significant milestone for us, opening doors to exciting possibilities and reinforcing our commitment to delivering unparalleled value to our partners," said Sadra Hosseini, CEO and co-founder of Ryft, in remarks about the alliance.

Going forward, we're excited to provide merchants with cutting-edge solutions that will completely transform how consumers interact with payments. This alliance represents a strong synergy between our two companies, and we are eager to start this expansion adventure in the market together.

The Ryft platform has grown significantly since its introduction and is now handling millions of transactions across numerous digital merchant platforms. Ryft's competitive advantage in the market is further enhanced by the addition of Amex as a payment option, which allows its merchant customers to welcome high-spending and devoted Amex cardmembers. Ryft is constantly pushing for optimization and reaching new heights of innovation.