Pandora extends Synchrony financing agreement

Synchrony Financial will continue to offer consumer financing to Pandora Jewelry customers.



The two companies have announced a multi-year extension of their consumer financing program agreement. The program, which began in 2011, will continue to provide Pandora shoppers with access to a range of payment options through the Pandora Preferred card program. Special financing will be available at select concept stores nationwide.



Synchrony Financial’s 2015 Major Purchase Consumer Study found that 69% of Synchrony fine jewelry cardholders surveyed said they “always” seek promotional financing when making a major purchase of $500 or more. Eighty-one percent of fine jewelry cardholders surveyed said they feel promotional financing makes their large purchases more affordable.



“Synchrony Financial understands that offering flexible payment options is important to a satisfying shopping experience for our consumers,” said John DePasquale, VP, sales, Pandora Jewelry, U.S. “We look forward to working with Synchrony to continue growing our business and providing our consumers with greater buying power for jewelry purchases that honors women just the way they are - unique.”