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American Express to offer chip and signature corporate cards

american expressAmerican Express announced on Tuesday that it will begin issuing corporate cards with chip and signature technology to cardholders, starting with premium cards in the first half of the year.

Cardholders will be able to use the cards wherever American Express is accepted, both in the U.S. and around the world.

“As we continue to enhance our global footprint, our priority is to ensure our cardmembers have superior security features and the full complement of American Express benefits when using our products internationally,” Darryl Brown, the president of global corporate payments in the Americas at American Express, said. “Our EMV technology adds another layer of protection so that our cardmembers know they are further safeguarded from fraud and can leverage the flexibility that chip & signature provides across the globe.”

The new cards offer an additional layer of security through the use of dynamic encryption technology, which makes it more difficult for unauthorized users to copy or access the card information.

American Express currently offers chip and PIN and chip and signature cards across their global markets, thereby allowing merchants and card-issuing affiliates to adopt the EMV solution that best suits their needs.

“In some countries, chip technology is becoming standard for card authorizations,” Brown said. “By providing a chip-enabled solution, the new chip & signature cards will help U.S. corporate cardmembers avoid disruptions while traveling internationally.”

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