Jul
12
Walmart in Talks to Move Credit-Card Partnership to Capital One
ByWalmart is talking to Capital One about taking over its store credit card, a potential blow to current issuer Synchrony Financial
Walmart Inc. is talking to Capital One Financial Corp. about taking over its store credit card, according to people familiar with the matter.
The discussions, which are expected to wrap up in coming weeks, could end Synchrony Financial’s nearly 20-year run as the exclusive issuer of Walmart cards.
Synchrony has been Walmart’s exclusive credit-card…
Walmart in Talks to Move Credit-Card Partnership to Capital One