UPS and Amex Team to Help Small Businesses Save

Core Insights - American Express and UPS are collaborating to provide offers specifically designed to support small and medium-sized businesses (SMBs) during the critical holiday shopping season [1][5] Group 1: Partnership Overview - The partnership aims to leverage the expertise of both companies to create a robust ecosystem for SMBs, enhancing their operational capabilities [2] - UPS is investing in services that are crucial for SMBs, including flexible returns and integration with their logistics network, to help these businesses thrive [3] Group 2: Benefits for SMBs - The collaboration includes exclusive savings on UPS shipping options through American Express' Business Savings Suite, allowing SMBs to save more as their shipping volume increases [3] - American Express Small Business Card members will have access to additional offers and benefits, with more to be introduced in the coming months [5] Group 3: Market Context - SMBs are currently dissatisfied with existing credit card offerings, which they feel do not cater to their specific industry needs, indicating a gap in financial services [6] - Research highlights that SMBs are willing to spend more if credit cards provided features tailored to their unique requirements, suggesting a significant opportunity for customized financial products [7]