Belize Bank and American Express Team Up
Belize Bank Limited announced this morning that it has signed an agreement with American Express, to process American Express credit card transactions within its merchant network, in the Belizean market effective last week Friday A press release from the bank says that this collaboration aims to contribute significantly to the Belizean economy through tourism, as 76.8% of visitors are coming from the United States, according to Belize Tourism Board. The bank says that clients prefer to use their American Express card because of the rich benefit portfolio. The Belize Bank Limited statistics show that the majority of American Express cardholders used their cards at the point-of-sale terminals at hotels, restaurants and tours companies primarily in tourist destinations such as San Pedro, Caye Caulker, San Ignacio, Hopkins and Placencia. With this strategy, Belize Bank merchants will accept all American Express Credit Cards, as they accept other brands, using the same POS terminal. A ceremony is currently being held in San Pedro Town where Love News is and we’ll have more on this story tomorrow.