American Express, abbreviated as AMEX, is one of the most recognized credit cards in the world. American Express, Visa and MasterCard are the most popular credit cards in the world. Apart from some similarities, they have their own unique characteristics.
Since 1958 issued the first American Express card, up to now, American Express has issued American Express cards in 49 currencies in 68 countries and regions, building the world's largest self-contained special merchant network with more than 60 million high-quality cardholders.
American Express Company was established in 1850, and its initial business was to provide express service. With the continuous development of business, American Express took the lead in launching traveler's checks at 189 1, mainly for high-end customers who travel frequently.
It can be said that American Express has served high-end customers for a hundred years, and accumulated rich service experience and a huge group of high-quality customers. There are Peony American Express Card, China Merchants Bank American Express Card, CITIC American Express Card, Great Wall American Express Card and Minsheng American Express Card. American Express can operate on ATM machines.
Visa and MasterCard are both used for payment. They have their own payment system and accept many merchants from all over the world. But these two kinds of credit cards are not issued by their own companies, but by banks all over the world, from which banks earn interest income.
Your credit card bill is issued directly by the bank and has nothing to do with Visa and MasterCard.
American Express is different. American Express has its own payment system and issues credit cards directly to consumers. Unlike the other two cards, American Express does all the work.
Therefore, all American Express cards are issued by one company and use a special payment system.
Visa and MasterCard are more widely used than American Express. Because it is issued by a bank, Visa and MasterCard are almost universal and can even be used freely in a third country.
American Express Card can only be used within its designated network range. Although it is not as universal as the other two credit cards, American Express is also a very good credit card.