Synchrony partners with Jewelry Television on private label credit card

Stamford-headquartered Synchrony has partnered with Jewelry Television (JTV) to create a private label credit card tied to JTV”™s television and e-commerce retailing.

According to the companies, the partnership will also see the reintroduction of the StretchPay payment program that allows customers to spread the cost of their purchases over a longer period of time at no additional charge. Based in Knoxville, Tennessee, JTV operates a 24/7 live television network that reaches 85 million U.S. households and a mobile-optimized e-commerce site.

“Our partnership with JTV allows Synchrony to expand its footprint in the luxury retail market with an industry disruptor reaching millions of Americans every day,” said Neeraj Mehta, CEO of payment solutions at Synchrony. “We look forward to partnering with JTV to leverage our data analytics capabilities and enhance the company”™s consumer financing programs through the development of new and improved digital and loyalty experiences.”