Walmart reportedly eying switching credit card lenders
Walmart is shopping around for a new credit card company.
The discount giant is considering moving its branded credit-card business to Capital One Financial Corp. from Synchrony Financial, a move that could expand its mobile payments offering, according to Bloomberg.
The negotiations between the companies are still ongoing, but the retailer is seeking a partner that can support its aspirations for Walmart Pay, the report said.
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The discount giant is considering moving its branded credit-card business to Capital One Financial Corp. from Synchrony Financial, a move that could expand its mobile payments offering, according to Bloomberg.
The negotiations between the companies are still ongoing, but the retailer is seeking a partner that can support its aspirations for Walmart Pay, the report said.
To read more, click here.