American Express Company is a global travel, financial and network services provider. Founded in 1850, the Company serves individuals with charge and credit cards, Travelers Cheques and other stored value products.
5click and American Express
5click is one of only four software and electronic payment solutions providers that American Express has chosen to help launch LockIt.
LockIt enables secure Internet purchases to be made at merchants' websites using an EMV - enabled American Express chip card. The EMV (Europay, MasterCard and Visa) standard is a new platform designed to replace the magnetic strip cards with a more secure microchip standard. Over time both credit cards and merchant terminals will be replaced with new EMV standard cards and devices.
LockIt smart credit cards are now available through American Express and CIBC. For a demonstration of the LockIt solution, visit CIBC's Demonstation Page.