Synchrony moves into BNPL space with Fiserv Clover

Synchrony moves into BNPL space with Fiserv Clover

Source: Synchrony

Synchrony (NYSE: SYF), a leading consumer financing company, today announced an expanded strategic partnership with Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions.

Small businesses will now be able to access Synchrony products and services and accept private label credit card payments via the Clover® point-of-sale and business management platform from Fiserv, accelerating growth for small businesses and offering more flexibility and choice in how consumers make purchases. The availability of Synchrony's capabilities and products via the Clover App Market will help Synchrony's merchants attract more customers and drive more revenue through a broad suite of financing products.

As small businesses -- from automotive repair to retail to business services -- seek solutions to grow, this partnership will help them quickly and easily access payment and financing options, resulting in a simpler and more seamless customer experience. Synchrony will seek to expand its reach to the robust portfolio of