News

American Express, Sprint team up for prepaid rewards card

Friday 19 August 2011 08:51 CET | News

American Express has teamed up with wireless and wireline communications services company Sprint Nextel to launch a program offering mail-in rebates via prepaid reward cards.

Under the terms of the agreement, US customers who purchase a Sprint phone and are eligible for a rebate will receive the mail-in rebate via prepaid reward card rather than a cheque. The American Express Prepaid Reward Card can be used at millions of US locations that accept American Express Cards.

This announcement builds on the larger strategic initiative of the American Express Enterprise Growth organization to expand beyond traditional payment forms. In July 2011, in the first such agreement with a wireless carrier, American Express and Sprint announced that the Serve mobile wallet application will be made available in the Sprint Zone to Sprint customers using Android-powered smartphones.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: American Express, Sprint Nextel, prepaid card, rewards
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






Industry Events