Synchrony Streamlines Pet Care Payments With CareCredit Integration [Yahoo! Finance]
Jackson Financial Inc. Class A (JXN)
Company Research
Source: Yahoo! Finance
Synchrony Financial SYF recently introduced a groundbreaking technology that connects its CareCredit health and wellness credit card with Pets Best pet insurance. This move is aimed at streamlining the pet care payment process. This first-of-its-kind integration allows pet parents to receive direct reimbursements for insurance claims on their CareCredit card, simplifying the traditionally complex process of paying for veterinary services. SYF and Independence Pet Holdings, Inc. aim to further expand this offering to additional pet insurance brands. This move aligns with SYF's objective of developing products to better suit the needs of pet parents. As pet care costs continue to rise, this simplified payment process will help Synchrony capture a larger share of the expanding pet care market. Almost half of pet parents underestimate the pet's lifetime cost of care, making solutions like this important for them. By offering pet owners a more seamless and convenient payment option, t
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Earnings
- 8/7/24 - Beat
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- 9/23/24 - Form 4
- 9/23/24 - Form 4
- 9/23/24 - Form 4
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