JCPenney and Synchrony Extend Long-Term Financing Partnership with Multi-Year Contract Renewal

Synchrony has announced a long-term extension of their nearly 25-year partnership with JCPenney. The partnership has been expanded to include new financing options, such as the addition of Synchrony Pay Later, a buy now, pay later financing option, offered at JCPenney to meet customer needs, especially in JCPenney's fine jewelry business.