American Express cards now accepted in Sberbank terminals and ATMs

The number of merchant locations and ATMs accepting American Express will be growing throughout 2021 and 2022

Sberbank

American Express cards now accepted in Sberbank terminals and ATMs. Source: shutterstock.com

American Express Company and Sberbank, Russia’s largest bank, are expanding their business partnership. They are significantly increasing the number of places where American Express cardholders can pay with their cards across Russia and online.

What is more, American Express clients will be able to withdraw rubles using Sber ATMs.

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 work together to provide more payment options to corporate customers of Sberbank and American Express cardholders
Kirill Tsaryov, Deputy Chairman of the Executive Board, Sberbank

Along with that, this partnership enables AmEx cardholders to use their cards for everyday shopping and when traveling in Russia, both as tourists and for business. Sberbank and American Express will continue to work in close collaboration to roll out more acceptance locations over the coming years.”

American Express added more than 3.7 million merchant locations internationally in 2020. The partnership with Sberbank is the latest effort to expand card acceptance globally and ensure American Express cards are warmly welcomed by businesses around the world.

We’ve reported that over half of global population will use digital banking in 5 years.

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