American Express Co. is using its Serve digital wallet in a partnership with the student hub Chegg to allow college students to receive faster payment from selling textbooks.

"Our collaboration with Chegg is extending our reach into college and university populations and delivering true value for these students," says Stefan Happ, senior vice president and general manager of online and mobile at Amex, in an April 16 press release. "We are delighted to be working with Chegg and to have the opportunity to extend American Express benefits to students without the hassle of credit checks or hidden fees."

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