Gap Says Barclays Will Issue Its Credit Cards
13 Abril 2021 - 9:00AM
Noticias Dow Jones
By Matt Grossman
Gap Inc. said Tuesday that Barclays PLC will become the
exclusive issuer of Gap's credit cards.
The announcement from Gap confirms an earlier report in the Wall
Street Journal that Gap is parting ways with its previous
credit-card issuer, Synchrony Financial, in favor of Barclays.
The Barclays-issued cards will use the Mastercard Inc. payment
network, Gap said. The transition to the new Barclays-issued cards
will take place next year, according to the San Francisco-based
apparel retailer.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
April 13, 2021 09:45 ET (13:45 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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