American Express, GE Consumer Finance Alliance Starts with Launch of Dillard's American Express Card
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Express, GE Consumer Finance Alliance Starts with Launch of
Dillard's American Express Card
American Express announced last week that GE Consumer Finance
would be the latest large-scale credit card company to begin
issuing credit cards on the American Express payment network.
The first card launched under this agreement is the Dillard's
American Express Card from Dillard's department stores.
getting the green light from the courts to compete with Visa
and Mastercard as a credit card payment processor, American
Express has aggressively pursued partnerships with major credit
card issuers, having struck deals with Bank of America, MBNA,
Citibank and HSBC prior to this latest announcement.
new cards will carry the American Express logo and be accepted
on the American Express merchant network. GE Consumer Finance
will be responsible for issuing cards, managing customer relationships
and providing customer service and billing.
department stores include 330 locations in 29 states.
Published 01/23/06 (Modified 05/07/12)