US Edition
Walmart Returns to Synchrony for New Cards
- In May 2024, Walmart terminated its credit card agreement with Capital One following a federal judge’s approval to end the contract.
- Walmart filed a lawsuit two years ago accusing Capital One of slow transaction posting and poor card replacement service.
- Walmart now partners with Synchrony and OnePay to launch new credit cards this fall aimed at serving millions digitally and financially underserved.
- OnePay CEO Omer Ismail stated the goal is to provide credit cards with a "transparent, rewarding, and easy to use" experience for consumers.
- The new program implies Walmart's strategic return to Synchrony to reduce costs and expand financial services through OnePay's digital platform.
Insights by Ground AI
Does this summary seem wrong?
14 Articles
14 Articles
All
Left
1
Center
4
Right
3
OnePay and Synchrony Bring Credit Card Program to Walmart - RetailWire
Owned by Walmart, fintech firm OnePay is partnering with financial services company Synchrony to issue credit cards. Synchrony, a leader in retail credit accounts, will make underwriting decisions and issue cards starting in a few months. OnePay, launched by Walmart and venture capitalist Ribbit Capital in 2021, will handle customer service via its mobile app. Through the partnership, two types of credit cards will be available from OnePay. One …
Globe NewswireReposted by 
The Manila Times
The Manila TimesOnePay and Synchrony to Launch New Industry-Leading Credit Card Program With Walmart; Credit Card to Be Powered by Mastercard and Set to Go Live This Fall
Synchrony to become exclusive issuer of OnePay credit cards at Walmart, with the credit card experience embedded inside the OnePay appThe program will add...
Coverage Details
Total News Sources14
Leaning Left1Leaning Right3Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
13%
C 50%
R 38%
Factuality
To view factuality data please Upgrade to Premium
