According to the source, although users will not be able to pay with AmEx using Passbook, they will be able to get details on recent transactions as they happen. AmEx will be able to notify cardholders when there’s a new transaction on their account. Cardholders can also see current balance and access other recent transactions and customer service information.
In June 2012, Apple rolled out Passbook, an application built into its iOS6 mobile operating system. Passbook is intended to store and organize a user’s ‘passes’, which may include boarding passes, store cards, gift cards & coupons and well as movie tickets.
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