The global network business has today become a key growth initiative of American Express. To date, GNS has 79 partnerships with banks and other institutions in close to 90 countries, and is one of the fastest growing parts of American Express. Our Partners are generally among the leading financial institutions in each local market, and include such well-known names as HSBC (Argentina and Brazil), Deutsche Bank (Italy), Samsung (Korea) and Credit Saison (Japan).

By inviting other issuers to join the American Express merchant network, GNS is providing American Express with considerable incremental growth opportunities. It leverages American Express’ network investment over a broader base of customers, generating considerable economies of scale and new revenue streams for the Company. Ultimately, these partnerships help to increase the number of American Express-branded products, drive more spending onto our merchant network, and significantly expand the reach of the American Express brand.

Association with American Express’ powerful brand offers GNS partners:

• Enhanced appeal to a variety of customer segments with a wide range of American Express payment products;
• Increased customer loyalty through association with one of the world’s most recognized service brands;
• Higher revenues generated by attracting affluent and higher-spending customers;
• Global assistance providing extended convenience for customers;
• Extensive expertise in marketing and loyalty programs, as well as unique marketing offers including travel, retail and other rewards programs; and
• Dedicated relationship management and support during all phases of the business development process.

Across the world, GNS partners have launched a multitude of charge card products and our full range of credit cards that are designed with compelling products and benefits that best meet their customers’ needs.