American Express has signed an agreement to acquire Atlanta-based Harbor Payments, a privately-held provider of Electronic Invoice Presentment and Payment (EIPP) systems. Harbor Payments was formed in 2000 and head quartered in Atlanta with 200 employees. Its technology centre is based in Bangalore and has offices throughout the USA. Its sales channels include Bank of New York among number of large corporates. Harbor has four platforms, these being: invoices – 55 clients including UPS, Kodak, P&G and American Express billing – 100+ clients including Chevron payments – 100+ clients including Liz Claiborne claims – Invoice Harbour is a web based…
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