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Synchrony is the largest provider of private-label credit cards in the U.S. [20] Brands partnered with Synchrony include Amazon, [21] Lowe's, [22] Guitar Center, [23] Cathay Pacific, Rakuten, Verizon, Sleep Number, Walgreens, and Sam's Club.
Card Services is a provider of integrated credit and marketing services including private label, co-branded and commercial credit card programs. Alliance Data Card Services manages over 135 [ 20 ] card programs for retail brands such as Victoria’s Secret , J.Crew , Eddie Bauer , Buckle , HSN , Pottery Barn , Pier 1 Imports , Lexus , Toyota ...
HSBC was the third-largest issuer of private label credit cards in the United States, including cards for more than 70 active merchant relationships, including Best Buy, GM, Yamaha, Kawasaki, Neiman Marcus, Polaris and Saks Fifth Avenue. Most of its card portfolio was sold to Capital One in 2011. [24]
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Capital One and Neiman Marcus Announce Extended Contract for Private Label Credit Card MCLEAN, Va.--(BUSINESS WIRE)-- Capital One Financial Corporation (NYS: COF) and Neiman Marcus Inc. today ...
Private-label store credit cards are sometimes compared to but not the same as co-branded credit cards. These cards usually feature the payment network logo, and sometimes the bank's logo. [59] Unlike PLCCs, co-branded cards work like 'normal' credit cards, usable at any place where that type of card is accepted. [60]
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Private label debit refers to a merchant-branded card or mobile payment app that utilizes an automated clearing house (ACH) to directly debit consumer checking accounts. [ 1 ] [ 2 ] Used in a closed-loop environment, private label debit offers secure transactions through PIN protection or tokenization .
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