Director general AMEX says that Cryptocurrency hardly poses threat for traditional credit cards

Traditional payments on credit cards will firmly keep against growth of Cryptocurrency, director general predicted American Express Co. Stephen Skveri during a call about the income of companies in the third quarter on Friday. According to Skveri, unlike Cryptocurrency, traditional credit cards offer clients of remunerations, service, opportunity to challenge payments, and also possibility of granting credits. Skveri told that now he considers Cryptocurrency much more as a class of assets, having added that clients do not use AMEX for "purchases actions" and also not...