Lowe’s positioned for digital payment options
A home improvement giant’s credit card partnership could fuel new mobile payment options.
Lowe’s Companies announced that it is extending its multi-year agreement with Synchrony, a move that will help the home improvement company offer new purchasing options and benefits. Through the deal, Lowe’s has access to technologies that support mobile in-app commerce payments, and an in-store digital credit app that delivers financial options to associates’ mobile devices.
Synchrony will also continue to manage Lowe’s consumer and business credit card programs accepted more than 1,740 U.S. Lowe’s stores, and online. The programs include 5% off of all purchases, and promotional offers.
“We are focused on exceeding customers’ expectations wherever they need us, including providing the best value in the marketplace, and our work with Synchrony is critical to that goal,” said Margi Vagell, Lowe’s VP of merchandising operations. “Over nearly 40 years, Synchrony and Lowe’s have evolved together in a dynamic market environment, and we look forward to continuing to improve our capabilities to even better serve customers in the future.”
Lowe’s Companies announced that it is extending its multi-year agreement with Synchrony, a move that will help the home improvement company offer new purchasing options and benefits. Through the deal, Lowe’s has access to technologies that support mobile in-app commerce payments, and an in-store digital credit app that delivers financial options to associates’ mobile devices.
Synchrony will also continue to manage Lowe’s consumer and business credit card programs accepted more than 1,740 U.S. Lowe’s stores, and online. The programs include 5% off of all purchases, and promotional offers.
“We are focused on exceeding customers’ expectations wherever they need us, including providing the best value in the marketplace, and our work with Synchrony is critical to that goal,” said Margi Vagell, Lowe’s VP of merchandising operations. “Over nearly 40 years, Synchrony and Lowe’s have evolved together in a dynamic market environment, and we look forward to continuing to improve our capabilities to even better serve customers in the future.”