#POSFinance / Synchrony Unveils New Digital Capabilities for Simplifying Consumer Financing at the Point of Sale

Synchrony now enables partners to quickly enroll with a secondary lender to increase their customers’ credit application approval rate with Multisource Financing. Expanding partners’ payment options before the holidays will help them drive more sales to completion by enabling more consumers to finance their purchases.

Synchrony partners can streamline the credit application and lending process by offering consumers the simplicity of completing one application, for use with additional lenders, to find the financing option that works best for them. With Multisource Financing, Synchrony also provides easy access to credit applications, account numbers, and purchases for both Synchrony and secondary lenders from one location.