According to a statement published in the Jornal de Angola and quoted by Angop, BFA now enables "its corporate clients to join the American Express card payment acceptance service in their TPA of the BFA network, contributing to the potential development of their business".
According to the note, this bet will help to stimulate transactions at BFA merchants' establishments.
"Any company with a TPA-BFA, or wishing to install one, may include American Express cards in its range of payment methods," reads the note.
Nelson Correia, BFA's marketing director, stressed that the agreement will foster the growth of BFA's business and activities as well as help foreign customers make card payments.
Vivi Galani, Vice President and General Manager, Global Network Partnerships EMEA for American Express, said the American company is excited to work with BFA and continue to assert its presence on the African continent.
"We are excited to collaborate with BFA to continue to expand our presence in Africa. As partners of the world's leading banks and financial institutions, we give the strong contribution of the American Express network to card users and merchants, enabling the acceptance of our cards in the TPA-BFA," he said.
This validation will allow American Express customers to have access to "a wider variety of locations to use their cards," while also offering Angolan merchants "the opportunity to capture more business from customers visiting the country".
