American Express Middle East signs partnership with FinTech Ottu
By Gloria Methri
American Express has announced an agreement with Ottu, a FinTech in the Middle East. Through this collaboration, AmEx Card Members will get a seamless, quick, and secure online shopping experience when they use their cards at thousands of Ottu’s online merchants.
This agreement aligns with American Express Middle East’s goal to increase the number of merchants that accept American Express and create opportunities for merchants to attract a broader customer base.
For merchants, this agreement will streamline the payment solution by facilitating the acceptance of AmEx Cards without the need for additional hardware or complicated integration processes. Moreover, it will enable them to attract consumers and businesses from a global base of AmEx Card Members – from the Middle East and all around the world.
Graziela Martins, Vice President of Merchant Business of American Express Middle East, said, “We are delighted to sign an agreement with Ottu as part of our commitment to expand our merchant acceptance network and enable our Card Members to use their cards more and more for everyday spend. This agreement will enable new merchants to attract AmEx Card Members from all around the world while providing them with a seamless and secure online shopping experience.”
Talal Alawadhi, Ottu’s CEO, expressed satisfaction with the agreement, emphasizing the value created for current and future AmEx Card Members. He sees the agreement between Ottu and American Express Middle East as a significant step in empowering businesses to innovate and create new opportunities.
Ottu is a Kuwaiti FinTech revolutionizing online payments for merchants. Focused on innovation and direct integration with Banks, the company has forged strategic alliances with banks, schemes, and acquirers, bolstering the FinTech ecosystem in the MENA region.
American Express Middle East is a payments company, providing customers with access to products, insights and experiences that enrich lives and build business across the Middle East and North Africa.
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