American Express has launched Amex Send & Split with PayPal and Venmo, to enable its consumers to send money and split purchases with family and friends.
When enrolling in Send & Split, an Amex Send Account is set up automatically. Users can add funds to that account any time with their American Express Card and send money to any other PayPal or Venmo customer.
With Amex Split, after making a purchase on a card for a shared expense, the user can split it with other PayPal and Venmo customers and get paid back directly to their card as a statement credit. In the Amex App, users choose any pending or posted purchase that they’d like to split.
Amex Send & Split works whether paying family back for a group gift or splitting expenses with a friend through PayPal or Venmo, without paying a fee.
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