Is American Express’s “Turnaround” for Real?
If American Express can integrate its cards with popular cryptocurrencies; such as bitcoin and ethereum, it would expand its reach particularly in the developing world. An intriguing option would be a card that pays reward points in bitcoin or ethereum. A long term revenue generator would be a card that allows for transactions in several different crypocurrencies; such as Litecoin, Bitcoin and ethereum. A company called TenX is already developing such a card in Singapore.
Read More