Buy now/pay later ‘is not a threat’ to credit cards: Amex CEO | PaymentsSource

Steve Squeri said installment lenders primarily cater to debit card users and that even American Express’s own BNPL product does not compete with the company’s credit and charge cards.

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  • John K. White

    John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.