Consumer fintech OnePay and financial services company Synchrony are teaming with Walmart and Mastercard on an upcoming new credit card program.

Discount Tire is currently Synchrony's only auto retailer whose credit card can be added to Apple Wallet for seamless in-store purchases via Apple Pay.

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Additionally, the Synchrony Car Care credit card can be used not only at Belle Tire locations but also at more than one million gas stations, auto parts retailers, and service locations nationwide.

Monday's partnership marks Walmart's return to Synchrony, which issued Walmart's store-branded credit cards until 2018, but lost the contract to Capital One the following year.

Walmart’s move may signal something larger than just another credit card launch. Retailers are racing to become one-stop financial services providers, blurring the lines between shopping and banking.

Trial With Synchrony General Purpose Credit Cards to Test Viability of Browser Extension STAMFORD, Conn., Jan. 17, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer finance company ...

Closed-loop store credit cards can only be used within a specific store or brand of stores, whereas general credit cards can be used almost anywhere. Learn about their major differences and why ...