Walmart, OnePay & Synchrony to Launch New Credit Card Program
Slice of Finance Team
Jun 11, 2025
Key highlights
- OnePay partners with Synchrony and Mastercard for new Walmart credit cards
- Program launches this fall, embedded in the OnePay app
- Includes both general-purpose and private label Walmart credit cards
- Designed to deliver a seamless, rewarding, and secure digital experience
Notable Quotes
“ Our goal with this credit card program is to deliver an experience for consumers that's transparent, rewarding, and easy to use. We're excited to be partnering with Synchrony to launch a program at Walmart that checks each of those boxes and will help serve millions of people. ”
Omer Ismail, Chief Executive Officer at OnePay
“ We are proud to be selected by OnePay to further our mission of helping people live better and build healthier financial futures with Walmart. Together, we aim to drive even greater innovation and new credit experiences to better serve customers while driving long-term, high-quality growth. ”
Brian Doubles, President and Chief Executive Officer at Synchrony
“ Today's announcement represents one more way we're serving our customers the way they want to be served, providing an upgraded digital financial services experience with even greater choice and value. ”
John David Rainey, Executive Vice President and Chief Financial Officer at Walmart Inc
Why This Matters
This partnership between Walmart, OnePay, Synchrony, and Mastercard marks a significant evolution in retail financial services. By embedding credit functionality directly into the OnePay app, the program simplifies access to credit for millions of U.S. consumers while promoting digital-first, flexible payment experiences. As retailers increasingly seek to merge e-commerce and financial services, this collaboration underscores the trend toward integrated, app-based banking and credit products that align with consumer expectations for convenience and personalization. Additionally, the move strengthens Walmart's position in the competitive fintech space and offers new opportunities to drive loyalty and sales through innovative financial offerings.
