Amex Expands Virtual Card Capabilities for Business Customers

American Express (AXP) has expanded its virtual card capabilities for US business customers. This move allows businesses to have greater control, security, and flexibility over their expenses. The company is partnering with payment technology provider Conferma to offer additional virtual card features.

The updates aim to capture more B2B volume inside American Express's network and reduce leakage to other payment methods. By embedding these cards in its @ Work platform and Business Travel Account, the company can push virtual cards across more spending types, from supplier invoices to one-off travel and day-to-day purchases.

This expansion fits directly with American Express's role in connecting businesses, employees, and suppliers. The move underscores the company's focus on digital tools for commercial payments and adoption across more day-to-day spending categories.