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STAMFORD, Conn. & PLANO, Texas–(BUSINESS WIRE)–

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Synchrony (NYSE: SYF) and JCPenney (NYSE: JCP) today appear a multi-year addendum of their cardinal affiliation bringing calm abstracts analytics and chump cyberbanking casework ability to abide to action JCPenney barter costs options and alone chump experiences.

Synchrony and JCPenney accept partnered for about two decades to action a clandestine characterization acclaim agenda affairs and a JCPenney Mastercard Dual Card. Working together, the companies accept additionally leveraged abstracts analytics to bare new chump insights, added personalizing chump experience. Synchrony has additionally helped JCPenney accommodate acclaim payments into the JCPenney adaptable app application SyPi, a Synchrony plug-in.

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As allotment of the extension, Synchrony will abide to administer and account acquittal cards for JCPenney barter at the retailer’s over 860 food in the U.S. and Puerto Rico, as able-bodied as JCPenney.com.

“The JCPenney acclaim agenda is an basic basic of our adherence program, confined as a able accumulation apparatus for our barter to get admission to adorable allowances alone accessible to cardholders,” said James Ward, carnality admiral of acclaim at JCPenney. “We are admiring to renew our acceding with Synchrony, allowance us bear adjustable costs options and admired allowances to our best customers.”

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“The abysmal accord amid Synchrony and JCPenney has already accurate to account barter beyond all arcade channels,” said Tom Quindlen, EVP and CEO, Retail Agenda at Synchrony. “We assignment every day to advice JCPenney bear sales growth, differentiated technology and a abundant chump experience.”

JCPenney cardholders are automatically enrolled in JCPenney Rewards, area they can acquire credibility two times faster to accept a $10 accolade for approaching purchases. JCPenney Mastercard cardholders can additionally acquire credibility back they absorb anywhere Mastercard is accepted. JCPenney cardholders are some of the retailer’s best customers, arcade added frequently and spending over 2.5 times as abundant as added customers.

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About JCPenney

J. C. Penney Company, Inc. (JCP), one of the nation’s better accoutrement and home retailers, combines an all-embracing brand of over 860 food beyond the United States and Puerto Rico with a able e-commerce site, jcp.com, to bear appearance and amount for all aggressive American families. At every touchpoint, barter will ascertain beautiful commodity at absurd amount from an all-encompassing portfolio of private, absolute and civic brands. Reinforcing this arcade acquaintance is the chump account and warrior spirit of about 98,000 assembly beyond the globe, all alive against the Company’s mission to advice barter acquisition what they adulation for beneath time, money and effort. For added information, amuse visit jcp.com.

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About Synchrony

Synchrony (NYSE: SYF) is a arch chump cyberbanking casework aggregation carrying customized costs programs beyond key industries including retail, health, auto, biking and home, forth with award-winning chump cyberbanking products. With added than $130 billion in sales financed and 74.5 actor alive accounts, Synchrony brings abysmal industry expertise, actionable abstracts insights, avant-garde solutions and differentiated agenda adventures to advance the success of every business we serve and the affection of anniversary activity we touch. Added advice can be begin at www.synchrony.com and through Twitter: @Synchrony.

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View antecedent adaptation on businesswire.com: https://www.businesswire.com/news/home/20181010005090/en/

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