Walgreens Expands Fiscal Services Enterprise Technique, in Partnership with Synchrony and Mastercard

DEERFIELD, Sick., STAMFORD, Conn., Obtain, New York,–(Company WIRE)–Jan 13, 2021– Walgreens is expanding its monetary…

DEERFIELD, Sick., STAMFORD, Conn., Obtain, New York,–(Company WIRE)–Jan 13, 2021–

Walgreens is expanding its monetary companies presenting in partnership with Synchrony (NYSE: SYF) and Mastercard (NYSE: MA), as aspect of its ongoing motivation to give differentiated health care services and gains to prospects. In the coming months, Walgreens will launch credit rating cards, issued by Synchrony, as nicely as a prepaid debit card, both of which will be driven by the Mastercard network.

This push launch characteristics multimedia. Check out the comprehensive release listed here: https://www.businesswire.com/news/dwelling/20210113005513/en/

The credit score cards will intently hook up with Walgreens new customer loyalty software, myWalgreens, which released in November 2020, and cardholders will be capable to obtain myWalgreens dollars benefits and other delivers. Moreover, the flagship, co-branded credit score card will give a broader vary of gains supplied as a result of Synchrony and Mastercard when made use of at other suppliers and services companies.

The new cards will be the initially in a selection of new monetary merchandise and providers prepared by Walgreens, to proceed its wellbeing and very well-becoming target and to enrich its loyalty method and buyer personalization. Walgreens ideas to explore a number of Mastercard remedies across the payments engineering ecosystem, together with providers these as insight and analytics, consumer engagement and loyalty, cybersecurity, and point-of-sale funding, like installments.

“Walgreens is dedicated to furnishing our consumers and people with unparalleled loyalty and rewards experiences for controlling their health and well-remaining, and we are excited to partner with Synchrony and Mastercard, who share our determination to support wholesome communities,” said John Standley, Walgreens president. “As we continue on to aim on creating new profits streams, we seem forward to exploring and introducing even much more health and perfectly-getting payment initiatives in the close to foreseeable future.”

Eligible prospects will be capable to use the Walgreens credit score card for buys at more than 9,000 Walgreens suppliers, Walgreens.com and by means of the Walgreens cellular application. They will have obtain to contactless procuring experiences and cell-first money management features as effectively as the possibility to get paid accelerated benefits. Those very same prospects will also be able to use the flagship, co-branded credit history card to make purchases at other suppliers and destinations of small business wherever Mastercard is approved, and make benefits, like accelerated rewards when shopping solutions in the health and wellness category, an spot Walgreens champions in communities across The usa.

“Synchrony is happy to be Walgreens’ partner of preference for this new Walgreens Mastercard,” mentioned Brian Doubles, President of Synchrony. “Walgreens champions the wellness and very well-remaining of communities, and with our engineering and healthcare funding knowledge, we will be a part of forces to generate practical payment remedies and digital experiences to assist shoppers pay for their everyday purchases.”

“We comprehend the important require to prioritize the customer practical experience in a way right applicable to their every day lives, and this card is consultant of that,” explained Linda Kirkpatrick, president of North America at Mastercard. “We are very pleased to be teaming up with Walgreens and Synchrony to even more join their clients to the electronic financial system and enrich the shopper well being and pharmacy working experience as a result of our differentiated technological innovation and established function in health care.”

The new Walgreens credit score playing cards are slated to be obtainable in the 2nd fifty percent of this calendar year.

About Walgreens

Walgreens ( www.walgreens.com ) is incorporated in the Retail Pharmacy Usa Division of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), a world wide leader in retail and wholesale pharmacy. As America’s most beloved pharmacy, health and natural beauty firm, Walgreens reason is to winner the wellness and wellbeing of each community in The usa. Running more than 9,000 retail spots across The united states, Puerto Rico and the U.S. Virgin Islands, Walgreens is happy to be a neighborhood wellness vacation spot serving somewhere around 8 million clients each working day. Walgreens pharmacists perform a essential function in the U.S. health care technique by supplying a wide variety of pharmacy and healthcare expert services. To finest fulfill the desires of buyers and sufferers, Walgreens provides a legitimate omnichannel working experience, with platforms bringing with each other actual physical and electronic, supported by the newest technologies to deliver high-top quality merchandise and expert services in nearby communities nationwide.

About Synchrony

Synchrony (NYSE: SYF) is a leading shopper financial expert services firm. We deliver a broad selection of specialized funding applications, as very well as innovative customer banking solutions, throughout essential industries such as electronic, retail, dwelling, auto, travel, wellness and pet. Synchrony permits our companions to expand sales and loyalty with consumers. We are 1 of the biggest issuers of non-public label credit history playing cards in the United States we also provide co-branded products and solutions, installment loans and client financing solutions for small- and medium-sized enterprises, as properly as health care vendors. Synchrony is switching what is probable through our electronic abilities, deep field skills, actionable information insights, frictionless buyer experience and tailored funding options. For additional details, pay a visit to www.synchrony.com and Twitter: @Synchrony.

About Mastercard

Mastercard is a global know-how corporation in the payments industry. Our mission is to connect and electrical power an inclusive, electronic overall economy that rewards everyone, everywhere by making transactions safe and sound, basic, intelligent and available. Working with secure facts and networks, partnerships and enthusiasm, our innovations and answers help men and women, financial institutions, governments and corporations realize their greatest likely. Our decency quotient, or DQ, drives our culture and every little thing we do inside of and outside the house of our business. With connections throughout more than 210 nations around the world and territories, we are setting up a sustainable environment that unlocks priceless options for all.

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Make contact with: Walgreens

Morry Smulevitz or Scott Goldberg

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Angie Hu

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William Tsang

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Key word: ILLINOIS CONNECTICUT NEW YORK UNITED STATES NORTH The usa

Market Key word: Division Retailers BANKING Grocery store Expert Companies Well being PHARMACEUTICAL Standard Health RETAIL On line RETAIL

Supply: Walgreens

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PUB: 01/13/2021 08:09 AM/DISC: 01/13/2021 08:10 AM

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