Walmart is using its own financial technology startup to launch a major credit card program. Synchrony Financial and the Walmart-backed firm OnePay announced the new Mastercard on Monday, June 9.

Synchrony to become exclusive issuer of OnePay credit cards at Walmart, with the credit card experience embedded inside the OnePay app The program will add credit cards to OnePay's growing ...

Walmart had leaned on Capital One as the exclusive provider of its credit cards since 2018, but sued the bank in 2023 so that it could exit the relationship years ahead of schedule. At the time ...

They will also issue a private-label card that can only be used for purchases made at Walmart. Walmart worked for many years with Synchrony as its credit card issuer but severed that relationship ...

Walmart's majority-owned fintech company OnePay has teamed up with Synchrony Financial to issue the retail giant's credit card, the consumer financial services company said on Monday, marking a ...

(Bloomberg) -- Walmart Inc.'s credit cards will once again be issued by Synchrony Financial as the world's largest retailer makes a renewed push into financial services.

Walmart, however, ended its credit card partnership with Capital One in 2024, citing delays in updating transactions to cardholders' accounts and slow replacement of lost cards.