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    Synchrony Financial

    News stories featuring Synchrony Financial:

    Synchrony Financial offers Samsung Pay support

    August 24th, 2015

    Consumer financial services provider Synchrony Financial will offer its private label credit card holders the ability to access their cards through Samsung Pay when it launches in the US in September. “All of Synchrony Bank’s Payment Solutions and CareCredit cards are capable of being provisioned for Samsung Pay when it launches next month,” the company says.

    US shoppers buying into mobile payments

    July 27th, 2015

    Almost one in five US consumers (18%) have used a mobile device to make either an in-store or online purchase, up from 16% in 2014 and 12% in 2013, research from Synchrony Financial reveals, based on nearly 7,000 Synchrony Bank cardholders and shoppers nationwide. “Value propositions, including free shipping, loyalty programs and personalised offers, continue to be important,” the company adds.

    Synchrony Financial supports Apple Pay

    June 9th, 2015

    Consumer financial services provider Synchrony Financial will offer private label credit cardholders the ability to add their cards to Apple Pay, starting with retail partner JCPenney. “Synchrony Financial is committed to supporting the benefits our private label credit cards and patented Dual Cards offer, including loyalty and rewards programs, POS discounts and promotional financing, when customers choose to make payments with Apple Pay,” the company says.

    Visa invests in LoopPay

    July 25th, 2014

    Visa has invested an undisclosed sum in Magnetic Secure Transmission (MST) inventor LoopPay. “The investment is part of a larger strategic funding round for LoopPay, announced earlier this month, which includes Synchrony Financial (formerly GE Capital Retail Finance) and other strategic partners not yet named,” the mobile payments startup says.

    Synchrony invests in LoopPay

    July 10th, 2014

    Synchrony Financial, formerly GE Capital Retail Finance, has made “a strategic investment” in LoopPay, developer of a mobile phone add-on that lets US consumers make payments at merchants equipped with magnetic stripe card terminals. The amount of the investment has not been disclosed.

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