American Express Customer relationships

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American Express Revenue Streams American Express Key Resources American Express Key Activities American Express Key Partners American Express Cost Structure American Express Competitors American Express SWOT Analysis American Express Strengths American Express Weaknesses American Express Opportunities American Express Threats Conclusion A brief history of American Express The American Express Company was founded in 1850 when Henry Wells, Williams G Fargo, and John Butterfield decided to merge their company to form an express mail dispatcher.


American Express, as a company, was initially established to help switzerland whatsapp number database consumers transport their valuable possessions from one place to the other. However, between the late 19th and early 20th century, it brought a new financial product and travel service to the market. This started in 1891 when the traveler’s check was introduced to help customers who liked to travel feel more secure about how they keep and spend their money. 1918 rolled in, and Amex left the express business, but remained in the financial and travel business.


In 1958, the charge card was created to help customers conveniently pay for things they wanted; this began with the paper charge card. It was upgraded to the gold card in 1966, then in 1969, the green card. The platinum card was introduced in 1984, and finally, the centurion card was introduced in 1999. In 1862, American Express had 890 offices with about 1500 workers, currently known as one of the largest payment networks. Who Owns American Express Over the years, since its foundation, the ownership of American Express has changed hands numerous times to become a publicly traded company.