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Under the agreement, customers will be able to use their AMEX card to pay their bills through the Sniip account management app for any of the 60,000 service providers that accept BPAY payments.
The partnership with American Express is expected to help Sniip rapidly scale its business and build on its current 30,000 platform users.
Damien Vasta, chief executive of Sniip, said the app would be promoted through the Amex offers program to all Australian American Express card members.
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"This is a great way to offer the benefits of the Sniip app to a large network of people, all of whom pay bills, with an added incentive for first-time users," commented Mr Vasta.
Sniip has recently been activated as a member of the BPAY Payer Institution.
To date, the fintech has processed over $80 million worth of account payments.
Its users will now be able to scan a BPAY Biller code or import a bill from their email using the app.
"Until now, customers have often not been able to pay their household bills using an American Express card because many businesses have not made it available to their customers," Mr Vasta said.
Sarah Simpkins
Sarah Simpkins is a journalist at Momentum Media, reporting mainly on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in commercial media and produced stories for a current affairs program on public radio.
You can contact her at [email protected].