34 Private Label Credit Card Providers
Let us help you deeply understand and meet your consumers needs. Private label credit cards the oldest of all loan based card products continue to serve as valuable resources for both the merchants branding them and the companies owning their portfolios.
Synchrony Financial And La Z Boy Extend Consumer Credit Card
Private label credit solution features.
Private label credit card providers. Retail credit solutions is your solution for private label credit card plcc programs. 10th edition report has been added to research and markets offering. The team at retail credit solutions has extensive experience in the retail credit and data analytics.
New account processing browser or bulk loading optional bureau interfac. In terms of both purchase volume and finance receivables. A small number of banks dominate us private label card issuance with the top five accounting for 79 of balances as of early last year.
These interchange fees vary by card issuer but with your own private label card youd save money each time your customers swipe the card. Offering them the same private label credit services utilized by their larger competitors. With a private label program you fund and own the receivables but pay no discount fee as is done with bank credit card acceptance.
From financial products and services to marketing and online training we can help you meet your business needs. Following are some features that corecards solution provides. Independently owned and operated r2s offers the services and features you need from a private label credit provider but with a personalized touch that means youll never get stuck in a maze of voicemail.
We look forward to working with you as a partner or dealer and bringing your vision to life. 2017 prnewswire. With your own card youll save on the rates youd otherwise pay to credit card providers.
As moodys points out today one such space that will be hit particularly hard is the private label credit card issuers with just 5 companies accounting for nearly 80 of all credit balances outstanding. The private label credit cards in the us. Over time the savings add up.
The private label card difference is that these transactions occur in a closed loop and are designed to increase sales and enhance customer loyalty rather than focusing on the credit feature as a profit center. The private label credit card purchase. Citi retail services is one of north americas largest providers of private label and co brand credit cards for retailers.
Learn what makes us different. Synchrony financial nysesyf the consumer credit card business of ge capital is the largest provider of private label cards in the us.
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