By Maximilian Clarke

Experian and American Express, are forming a partnership to offer international payment processing and foreign exchange services to Experian’s UK clients.

The deal will make it easier and cheaper for businesses of all sizes to make and process overseas payments online.

The partnership adds a global payment processing capability to Experian’s existing range of services, which already includes international bank account validation and domestic payment processing. A direct link to American Express’s Foreign Exchange International Payments product will be included within the Experian Payments Gateway, the most widely used Bacstel-IP service available in the UK.

“UK businesses of all sizes are increasingly doing business internationally and our clients wanted the ability to make and receive payments overseas as easily as they do at home,” commented Jonathan Williams, Experian’s Director of Payments Strategy, “This deal with American Express addresses one of the fundamental challenges of doing business in a global world, identifying a trusted, cost effective service provider to facilitate overseas payments, and further strengthens a long standing global relationship between the two companies.”

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