Synchrony Financial, a US-based consumer financial services company, has renewed its multi-year private label credit card financing program with electronics retailer ABC Warehouse.
The ABC Warehouse private label credit card, launched in 2009, enables consumers to avail special financing options at its 61 stores across Michigan, Ohio and Indiana.
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Synchrony Financial executive vice president and CEO of payment solutions Glenn Marino said: "We’re pleased to continue working with ABC Warehouse to offer their customers the flexibility to make these important electronics, appliance and furniture purchases."
According to a purchase consumer study conducted by Synchrony Financial in 2014, 76% of cardholders said they always seek promotional financing options when making a major purchase and 77% said it was a very important factor when choosing a retailer.
Founded in 1963, ABC Warehouse offers a wide range of major electronics, appliance, bedding and furniture brands in stores that are set up similar to warehouses.
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