American Express has made an acquisition in Japan after it picked up restaurant booking service Pocket Concierge in an undisclosed deal.
The acquisition was announced in Japanese and in English by James Riney, the head of 500 Startups Japan which invested in Pocket Concierge as one of its first deals in the country.
The service was launched in 2013 to help book quality restaurants, including those that are Michelin-starred and others that have months-long waitlists for reservations. It currently works with 800 restaurants and is available in Japanese, English and Chinese, its closest competitors include OpenTable and local [...]
PayPal this week announced an expanded relationship with American Express that will allow cardholders to use their Membership Rewards points when shopping from PayPal merchants, as well as more integrated experience within both PayPal and the Amex apps, among other things.
The deal is similar to those PayPal earlier struck with Visa and MasterCard., and follows a series of partnerships it has made across the industry, including others with Apple, Google, Samsung, and, most recently, Walmart, designed to increase its PayPal’s visibility and adoption.
In addition to using points for purchases at PayPal’s millions of online merchants, the new [...]
A thousand dollars in annual credit card fees might seem crazier than… well, the cost of a first class seat bought with cash, but the two best premium travel rewards cards really aren’t in direct competition, and those fees feel very different in practice than they look on paper.