Sberbank, Russia's largest bank and the third largest merchant acquirer in the world, and American Express are expanding their business partnership, increasing the number of places where American Express cardholders can pay with their cards across Russia and making online shopping more available.

In addition, American Express clients will be able to withdraw rubles using Sber ATMs. The number of merchant locations and ATMs accepting American Express will be growing throughout 2021 and 2022.

We are expanding the network that accepts American Express cards at Sberbank clients' points of sale. Having completed the first stage of integration, we will be growing American Express card acceptance throughout Russia step by step, gradually increasing the number of outlets and ATMs. Cardholders will be able to pay for purchases in more stores, including online. Our merchant acquiring clients will be able to increase sales. We will continue to strengthen our partnership to provide more payment options to corporate customers of Sberbank and American Express cardholders.

Kirill Tsaryov

Deputy Chairman of the Executive Board, Sberbank

We are happy to expand our partnership with Sberbank, the world's third largest merchant acquirer, to improve AmericanExpress representation in Russia. This partnership enables our cardholders to use their cards for everyday shopping and when traveling in Russia, both as tourists or business people. Sberbank and AmericanExpress will continue to work in close collaboration to roll out more locations accepting American Express cards over the coming years.

Mohammed Badi

President, Global Network Services for American Express

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Sberbank of Russia published this content on 20 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2021 12:37:04 UTC.