financetom
Business
financetom
/
Business
/
Synchrony Financial to once again issue Walmart's credit card
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Synchrony Financial to once again issue Walmart's credit card
Jun 9, 2025 7:49 AM

June 9 (Reuters) - Walmart ( WMT ) has once again

partnered with Synchrony Financial ( SYF ) to issue the retail

giant's credit card, the consumer financial services company

said on Monday.

The card will be integrated into Walmart's ( WMT ) OnePay app and

operate on Mastercard's ( MA ) global network. The card,

expected to be launched this fall season, will provide users

with access to the retail giant's wide-ranging in-store and

online ecosystem.

Retailers are increasingly collaborating with lenders to

provide consumers with a wider range of payment choices.

Besides the general-purpose credit card that can be used

anywhere MasterCard ( MA ) is accepted, OnePay and Synchrony will also

launch a private label card that will be limited to purchases at

Walmart ( WMT ).

Synchrony previously issued Walmart's ( WMT ) cards, but the

retailer ended the two-decade-long partnership in 2018, handing

over the issuance of its store-branded credit cards to Capital

One the following year.

However, Walmart ( WMT ) ended its credit card partnership with

Capital One last year, citing delays in updating transactions to

cardholders' accounts and slow replacement of lost cards.

Over the years, Walmart ( WMT ) has explored various credit

partnerships and also partnered with Klarna for installment

lending earlier in 2025.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Progyny Acquires Germany's Apryl, Adds Fertility Benefits to Global Services
Progyny Acquires Germany's Apryl, Adds Fertility Benefits to Global Services
Jun 24, 2024
08:02 AM EDT, 06/24/2024 (MT Newswires) -- Progyny ( PGNY ) said Monday it acquired Germany's Apryl, a fertility benefits platform, adding fertility and family-building benefits to Progyny's ( PGNY ) concierge support for employees. Progyny ( PGNY ) said its global services following the deal now include enhanced support across preconception, fertility, fertility treatments, adoption, and surrogacy. Financial details...
Enbridge Joins First Nations to Advance Wind Energy Project in Saskatchewan
Enbridge Joins First Nations to Advance Wind Energy Project in Saskatchewan
Jun 24, 2024
08:01 AM EDT, 06/24/2024 (MT Newswires) -- Enbridge ( ENB ) said on Monday that it teamed up with Six Nations Energy Development, a newly created consortium of First Nations, to develop the 200-megawatt Seven Stars wind energy project in Saskatchewan. Enbridge ( ENB ) said the project will be able to support the annual energy needs of over 100,000...
What's Going On With Trump Media & Technology Stock On Monday?
What's Going On With Trump Media & Technology Stock On Monday?
Jun 24, 2024
Trump Media & Technology Group Corp ( DJT ) , the operator of the Truth Social platform, is trading higher on Monday. Last week the company announced it expects to receive over $69.4 million from the cash exercise of warrants on June 20 and 21, 2024. The cash exercise option became available after the Securities and Exchange Commission (SEC) declared...
Czechoslovak Group raises offer to buy Vista's sporting unit for $2 bln
Czechoslovak Group raises offer to buy Vista's sporting unit for $2 bln
Jun 24, 2024
June 24 (Reuters) - Vista Outdoor ( VSTO ) on Monday agreed to sell its sporting products and ammunition business to Czechoslovak Group (CSG) for about $2 billion, after the Prague-based defense firm raised its offer for a second time. Vista would also be returning an additional $77 million of excess cash to its stockholders as part of the cash...
Copyright 2023-2026 - www.financetom.com All Rights Reserved