Payments News

A New Marriott Card Lineup Lets AmEx Launch a Contactless Expansion

Jan 28, 2019

When JPMorgan Chase & Co. announced in November it would soon start mass-issuing contactless Visa cards, industry experts expected the move to at last kickstart a trend in the U.S. payments industry toward tap-and-pay EMV plastic. But while most experts thought Chase’s decision might stir smaller banks to follow suit, it turns out at least one big rival is now expanding its own contactless portfolio—and is doing it especially with cobranded cards.

American Express Co. last week announced a root-and-branch rebranding of its card portfolio cobranded with the giant hotelier Marriott International Inc. But in a little-noted move, the entire new line of AmEx-Marriott cards—bearing the new “Bonvoy” brand—will incorporate contactless antennas when the revamped cards debut next month (Chase announced a contactless Bonvoy card with Marriott around the same time). Bonvoy is Marriott’s rebranded loyalty program.

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