Synchrony announces partnership with One Pay, renewed relationship with Amazon

On its Q2 earnings conference call, Synchrony (SYF) announced a partnership with One Pay, a consumer fintech to exclusively power a new credit card program with Walmart (WMT). Additionally, Synchrony said its renewed relationship with Amazon builds on more than fifteen years of collaboration and financing innovation, and announced its recently completed launch of Synchrony Pay Later at Amazon. “Our Buy Now Pay Later offering is available for all transactions of $50 or more for approved Amazon customers,” Synchrony said. The Fly notes that other Buy Now Pay Later providers include Klarna (KLAR) and Affirm (AFRM).