Amazon has found a new way to attract shoppers to its site – it has partnered with financial firm Synchrony to offer a credit card to those trying to establish or rebuild their credit. The Amazon Credit Builder offers a Read more
PayPal completed its deal with Synchrony it had announced last November, selling Synchrony its consumer credit receivables. PayPal said the deal with Synchrony will help it enrich and expand its consumer credit offerings. When the deal was announced last fall, Read more
PayPal, which has offered consumer financing since 2008, is selling $6.8 billion in receivables to Synchrony Financial, with which it is expanding its consumer credit relationship. The Wall Street Journal called it a long-awaited deal that will give PayPal significant Read more
