LONDON — Block, the payments company owned by tech billionaire Jack Dorsey has launched its corporate card service in the U.K. in a bid to deepen its expansion into the country and take on big incumbents like American Express .
In the U.K., Square Card will come up against local banking giants like Lloyds and NatWest .
Hussain-Letch highlighted The Vinyl Guys as an example of an early adopter of its corporate card offering.
The vehicle branding and signage printing shop based in Stafford used the corporate card as part of a testing phase with domestic U.K. customers.
Once an employee is onboarded onto the Square Card program, they can begin using within their own digital wallet apps.
Persons:
Jack Dorsey, Samina Hussain, Hussain, Letch, We've, Rachel Reeves, Reeves
Organizations:
American Express, CNBC, Citigroup, U.K, Lloyds, NatWest, Entrepreneurs, Tax
Locations:
Britain, North America, U.S, Canada, Stafford