(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 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 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.