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March 17, 2015

CareCredit unveils proprietary digital card technology

CareCredit, a healthcare credit card division of Synchrony Financial, has launched a new digital card that allows mobile payment functionality for all its cardholders and providers.

By Verdict Staff

CareCredit, a healthcare credit card division of Synchrony Financial, has launched a new digital card that allows mobile payment functionality for all its cardholders and providers.

Piloted in 2014 with a number of Synchrony Financial retail partners, the card enables cardholders to access a digital version of their CareCredit healthcare credit card on their mobile device.

The device agnostic digital card, which will be integrated into CareCredit’s mobile servicing site and accessed through www.mysynchrony.com/carecredit, does not need any new hardware or mobile application download.

In addition, the card will provide flexibility and ease-of-payment via any accepted mobile wallet or existing point of sale method as well as offers a secure customer enrollment and authentication process.

It will also provide mobile device provisioning through the ‘add to home screen’ feature.

CareCredit CEO Dave Fasoli said: "These ongoing enhancements represent the next phase in CareCredit’s mobile strategy and are an important factor behind our impressive satisfaction ratings in the industry."

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