Walgreens Expands Money Products and services Business enterprise Method, in Partnership with Synchrony and Mastercard

DEERFIELD, Unwell., STAMFORD, Conn., Purchase, New York,–(Business enterprise WIRE)–Jan 13, 2021–

Walgreens is expanding its economical providers providing in partnership with Synchrony (NYSE: SYF) and Mastercard (NYSE: MA), as element of its ongoing dedication to provide differentiated health care services and added benefits to customers. In the coming months, Walgreens will start credit history cards, issued by Synchrony, as nicely as a pay as you go debit card, equally of which will be driven by the Mastercard community.

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The credit playing cards will intently link with Walgreens new purchaser loyalty system, myWalgreens, which launched in November 2020, and cardholders will be capable to receive myWalgreens income rewards and other provides. In addition, the flagship, co-branded credit score card will present a wider assortment of gains delivered via Synchrony and Mastercard when utilized at other vendors and company vendors.

The new cards will be the to start with in a variety of new economic solutions and products and services prepared by Walgreens, to continue its overall health and well-being concentrate and to greatly enhance its loyalty program and shopper personalization. Walgreens programs to explore a quantity of Mastercard answers across the payments technology ecosystem, which includes services such as insight and analytics, buyer engagement and loyalty, cybersecurity, and place-of-sale financing, which include installments.

“Walgreens is committed to supplying our shoppers and sufferers with unparalleled loyalty and benefits experiences for running their wellness and well-getting, and we are enthusiastic to associate with Synchrony and Mastercard, who share our dedication to support wholesome communities,” explained John Standley, Walgreens president. “As we keep on to concentration on creating new income streams, we glimpse ahead to exploring and introducing even additional overall health and properly-becoming payment initiatives in the around long term.”

Suitable customers will be in a position to use the Walgreens credit rating card for purchases at additional than 9,000 Walgreens merchants, Walgreens.com and through the Walgreens mobile app. They will have entry to contactless buying activities and cellular-to start with dollars administration attributes as properly as the possibility to gain accelerated benefits. Individuals exact consumers will also be in a position to use the flagship, co-branded credit history card to make purchases at other retailers and spots of business enterprise where ever Mastercard is accepted, and earn rewards, like accelerated benefits when buying items in the wellness and wellness classification, an space Walgreens champions in communities across America.

“Synchrony is very pleased to be Walgreens’ partner of decision for this new Walgreens Mastercard,” reported Brian Doubles, President of Synchrony. “Walgreens champions the health and well-staying of communities, and with our technological know-how and healthcare funding know-how, we will join forces to create easy payment solutions and digital experiences to assistance shoppers fork out for their every day buys.”

“We recognize the crucial need to have to prioritize the client encounter in a way right pertinent to their every day life, and this card is consultant of that,” explained Linda Kirkpatrick, president of North The united states at Mastercard. “We are happy to be teaming up with Walgreens and Synchrony to even further link their shoppers to the electronic economic climate and improve the consumer overall health and pharmacy expertise by way of our differentiated technological know-how and founded job in healthcare.”

The new Walgreens credit score playing cards are slated to be obtainable in the next 50 percent of this year.

About Walgreens

Walgreens ( www.walgreens.com ) is bundled in the Retail Pharmacy Usa Division of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), a world chief in retail and wholesale pharmacy. As America’s most loved pharmacy, health and elegance enterprise, Walgreens purpose is to champion the wellbeing and wellbeing of each and every neighborhood in The united states. Working extra than 9,000 retail destinations throughout America, Puerto Rico and the U.S. Virgin Islands, Walgreens is very pleased to be a community wellbeing spot serving roughly 8 million customers every single working day. Walgreens pharmacists perform a vital position in the U.S. healthcare program by delivering a huge vary of pharmacy and health care expert services. To greatest meet up with the desires of clients and sufferers, Walgreens delivers a genuine omnichannel working experience, with platforms bringing with each other bodily and electronic, supported by the latest technology to deliver substantial-excellent items and products and services in nearby communities nationwide.

About Synchrony

Synchrony (NYSE: SYF) is a leading shopper monetary solutions enterprise. We produce a large vary of specialized funding plans, as properly as progressive buyer banking goods, throughout essential industries which include electronic, retail, property, auto, vacation, health and fitness and pet. Synchrony permits our partners to grow profits and loyalty with consumers. We are one particular of the biggest issuers of non-public label credit history playing cards in the United States we also provide co-branded items, installment financial loans and shopper financing products and solutions for small- and medium-sized organizations, as effectively as health care companies. Synchrony is changing what is achievable by means of our digital abilities, deep marketplace knowledge, actionable facts insights, frictionless shopper experience and custom made financing options. For far more info, check out www.synchrony.com and Twitter: @Synchrony.