Under the terms of the agreement, customers will be able to use their AMEX card to pay their bills through the Sniip bill management app, for any of the 60,000 service providers that accept payments via BPAY.
The partnership with American Express is expected to help Sniip rapidly grow its business and build on its current 30,000 platform users.
Damien Vasta, managing director of Sniip, said the app would be promoted through the Amex Offers program to all Australian American Express Card members.
“This is a great way to bring the benefits of the Sniip app to a large network of people, who pay all their bills, with an added incentive for new users,” commented Mr. Vasta.
Sniip was recently activated as a member of a BPAY paying institution.
To date, the fintech has processed more than $80 million in bill payments.
Its users will now be able to scan the BPAY billing code or import an invoice from their email using the app.
“Until now, customers often did not have the option to pay their household bills with an American Express card because many businesses did not make it available to their customers,” Vasta said.
