Walgreens is increasing its monetary companies by partnering with Synchrony and Mastercard. The partnership will allow the retail chain to launch bank cards issued by Synchrony, in addition to a pay as you go debit card each of which shall be powered by the Mastercard community, in line with a press launch.
The bank cards will join with Walgreens new buyer loyalty program, myWalgreens, and cardholders will be capable to obtain myWalgreens cash rewards and different affords. The co-branded bank card will even provide cardholders a wider vary of advantages supplied by way of Synchrony and Mastercard when used at different retailers and repair suppliers.
The brand new playing cards would be the first in a variety of recent monetary services deliberate by Walgreens to reinforce its loyalty program and buyer personalization.
Eligible clients will be capable to use the Walgreens bank card for purchases at greater than 9,000 Walgreens shops, at Walgreens.com and by way of the Walgreens cell app. Consumers may have entry to contactless purchasing experiences and mobile-first cash administration.
“Walgreens is dedicated to offering our clients and sufferers with unparalleled loyalty and rewards experiences for managing their well being and well-being, and we’re excited to associate with Synchrony and Mastercard, who share our dedication to assist wholesome communities,” John Standley, Walgreens president mentioned within the launch. “As we proceed to give attention to creating new income streams, we look ahead to exploring and introducing much more well being and well-being fee initiatives within the close to future.”