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American Express Send & Split with Venmo & PayPal

americanexpress.com
Summary

American Express Send & Split is a service that enables American Express cardholders to send money to and split purchases with Venmo and PayPal users directly through the Amex App. It allows users to fund payments from their Amex card and receive statement credits for split purchases.

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Rationale

American Express Send & Split with Venmo & PayPal is a peer-to-peer payment service that allows American Express cardholders to send money and split purchases with Venmo or PayPal users. While it facilitates money transfers, it does not offer international transfers at mid-market exchange rates, multi-currency accounts, or borderless debit cards, which are core features of Wise. The service is primarily focused on domestic P2P payments and splitting purchases within the US, leveraging existing Venmo and PayPal infrastructure rather than providing a standalone international money transfer platform.