American Express collaborates with Uber for Corporate Travel

New Delhi, 28 September, 2016:

American Express, the world's largest card issuer by purchase volume, today announced tie-up with on-demand mobility solutions provider, Uber, in India. The tie-up allows AmEx to integrate its Corporate Card programs with Uber's corporate platform 'Uber for Business'. American Express is the first Card to be accepted on the central pay platform of Uber.

The first corporate card to be accepted on 'Uber for Business’ will benefit AmEx customers

Saru Kaushal, Country Business Head, Global Corporate Payments, American Express India, said, "Our Corporate Card program is considered as a preferred expense management solution by world's leading businesses. This new initiative with Uber in India will further bolster our value proposition. Uber for Business is expected to help companies to reduce their car rental expenses by around 60%, while offering increased reliability and transparency. Integration of American Express Corporate Card within the solution will offer added benefit of seamless payment and extended payment terms for our clients."


Arjun Nohwar, APAC Head for Uber for Business , said, "Uber for Business as a product has been growing at an incredible pace worldwide and we are delighted to have some of the largest Indian corporates adopt it for their official employee travel. We have over 50,000 businesses worldwide that use Uber for Business for their mobility solutions and it has proved to be a more affordable and efficient transportation option for them. We're extremely happy to partner with American Express and look forward to giving their clients a reliable, convenient and economical ride."


'Uber for Business', Uber’s platform for corporate clients, enables companies to set up corporate accounts through which employees can charge their rides directly to their respective companies. Companies get real time access to the rides and spends with Uber dashboard, thus obviating the need to tediously keep a track of individual rides and receipts.


This is a win-win deal for both the partners. Through this partnership AmEx will be able to capture incremental billings in the enterprise ground transportation segment. It will also give the brand an opportunity to acquire Uber for Business' existing and prospective customers for its Corporate Card Program. Similarly, Uber will benefit by promoting its enterprise solution to the American Express corporate client base, faster funds availability and optimized risk management.


Further information regarding American Express’ partnership with Uber for Business can be found at: https://www.americanexpress.com/in/content/uberoffer/

About American Express Global Corporate Payments

Through its Global Corporate Payments division, American Express offers a suite of B2B and T&E payment solutions that help organizations streamline processes and transform them into opportunities for savings, control and efficiency. American Express can help your organization increase working capital flexibility and strengthen relationships with suppliers.

About American Express

American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Present in India since 1921, American Express provides high quality travel and payment services to individuals and businesses in India.


Learn more at https://www.americanexpress.com/india/ and connect with us on https://www.facebook.com/AmericanExpressIndia and https://www.twitter.com/AmexIndia

About Uber For Business

Uber for Business (U4B) is a transportation management platform that enables companies or teams to set up a corporate Uber account. The platform allows companies to set up a centralized or de-centralized billing system and has a travel dashboard that business administrators can use to manage budgets and enforce ride policies. For employees, it's a new payment option in the same Uber app that ensures safe, reliable and easy to expense rides, across 450+ cities, simply at the push of a button.

For more information on Uber For Business: https://www.uber.com/business/

About Uber

Uber is evolving the way the world moves. By seamlessly connecting riders to drivers through our app, we make cities more accessible, opening up more possibilities for riders and more business for drivers. From our founding in 2009 to our launches in hundreds of cities today, Uber's rapidly expanding global presence continues to bring people and their cities closer. Today Uber is available in 450+ cities across 73 countries. The service is available in 28 Indian cities -- more than any other country outside the United States and China. www.uber.com


Media Contact
Ruchica Tomar | Communications, Uber India
ruchica@uber.com | +91 99990 04623

Mrinall Kanti Dey | Public Affairs & Communications, American Express, India
Mrinall.k.dey@aexp.com | +91 9818449509