Synchrony Accelerates Growth by Expanding CareCredit® Financing to Health and Wellness Providers via Exclusive Clover App Market Integration
Rhea-AI Summary
Synchrony (NYSE: SYF) expanded its CareCredit integration with Clover, enabling over 40,000 health and wellness providers using Clover devices to accept CareCredit payments and complete patient financing applications at the point of sale. The update builds on the 2024 partnership and makes the Pay with CareCredit app the first and only patient financing solution on the Clover App Market, pre-downloaded on Clover devices to remove extra hardware and streamline workflows.
This full-scale integration aims to simplify provider payment operations, accelerate patient access to financing, and extend CareCredit’s provider reach.
Positive
- Network expansion to 40,000 additional health and wellness providers
- Full in-device workflow enabling application-to-payment processing on Clover
- Exclusive app placement as the first and only patient financing solution in Clover App Market
Negative
- None.
News Market Reaction
On the day this news was published, FISV declined 2.36%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
SYF was down 0.96% while peers in the credit/consumer finance space also weakened: COF -8.36%, BFH -11.65%, AXP -4.06%. Scanner notes 3 peers moving down (median about -8.4%), indicating broader sector pressure rather than a company-specific reaction to the CareCredit–Clover expansion.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 06 | Earnings date notice | Neutral | +2.0% | Scheduled timing and access details for Q4 2025 results call. |
| Dec 17 | Partnership extension | Positive | -0.2% | Extended CareCredit exclusivity and improved terms for AmSpa members. |
| Dec 04 | Financing renewal | Positive | +1.6% | Renewed multi-year METUS HVAC financing relationship with digital capabilities. |
| Dec 02 | Conference participation | Neutral | +1.1% | Management fireside chat at 2025 Goldman Sachs Financial Services Conference. |
| Nov 20 | New card launch | Positive | -0.4% | New co-branded credit card program with The Toro Company for equipment. |
Recent partnership and commercial expansion news has produced mixed short-term reactions, with some positive distribution/financing updates met by modest gains and others by slight pullbacks.
Over the last few months, Synchrony has focused on commercial and distribution partnerships. On Nov. 20, 2025, a new co-branded credit card with The Toro Company saw a -0.41% move. A METUS financing renewal on Dec. 4, 2025 coincided with a 1.58% gain. An AmSpa CareCredit extension on Dec. 17, 2025 led to a small -0.19% move. An earnings date announcement on Jan. 6, 2026 produced a 1.99% rise. Today’s Clover integration fits this pattern of building out CareCredit’s network and partner ecosystem.
Market Pulse Summary
This announcement deepens Synchrony’s CareCredit reach by enabling over 40,000 Clover-enabled health and wellness providers to handle applications and payments at the point of sale. It follows other recent partnership and distribution initiatives aimed at broadening usage of Synchrony financing solutions. Investors may watch how transaction volumes, provider adoption, and subsequent earnings commentary reflect this expanded integration, especially given the company’s ongoing focus on network growth through third-party platforms.
AI-generated analysis. Not financial advice.
Integration on Clover devices now reaches over 40,000 health and wellness providers, streamlining patient applications and payments at the point of sale
Key Highlights:
- Enables all providers who use Clover devices to facilitate CareCredit applications and process transactions at the point of sale -- helping them scale their financial processes to drive business growth.
- CareCredit is the first and only patient financing solution available on the Clover App Market.
- Expands CareCredit's vast network with an additional 40,000 health providers, in addition to the 2,000 health & wellness providers already accepting CareCredit payments with Clover.
Building on the 2024 partnership that enabled providers to accept CareCredit payments via Clover devices, this full-scale integration now allows providers to process the entire patient financing journey – from application to payment – within the Clover system. This update will grow the number of Clover health and wellness providers who can process payments with CareCredit to more than 40,000.
"Fully integrating CareCredit into Clover devices provides a powerful operational advantage, enabling providers and small businesses to optimize their payment ecosystems, drive deeper customer loyalty, and significantly enhance enterprise growth," said Beto Casellas, Executive Vice President and Chief Executive Officer of Health & Wellness at Synchrony. "This expansion streamlines complex financial workflows for small and mid-sized businesses while ensuring patients have seamless access to the care they want."
The "Pay with CareCredit" app is the first and only patient financing solution in the Clover App Market and is seamlessly integrated and pre-downloaded on Clover devices. Staff can accept CareCredit payments directly through their Clover device, with the functionality built into existing workflows. This eliminates the need for additional hardware or separate systems, making it easier for providers to offer financing at the point of sale.
"Clover is committed to meeting the evolving needs of the health and wellness industry, and our partnership with Synchrony enables us to deliver innovation to help practices thrive," said Katie Whalen, Senior Vice President, SMB Sales and Partnerships at Fiserv. "By integrating Clover technology with Synchrony's financing capabilities, we're helping healthcare practices operate more efficiently, streamline payment processes and enhance the patient experience."
About Fiserv
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, moves more than money. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and Clover®, the world's smartest point-of-sale system and business management platform. Fiserv is a member of the S&P 500® Index, one of TIME Magazine's Most Influential Companies™ and one of Fortune® World's Most Admired Companies™. Visit fiserv.com and follow on social media for more information and the latest company news.
About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financial services company providing a range of financing programs and innovative banking products across industries including retail, digital, home, auto, travel, health, and pet. Synchrony partners with businesses to drive sales, foster customer loyalty, and offer flexible financing solutions. Its portfolio includes private label and co-branded credit cards, installment loans, and other consumer financing products for individuals and small- to medium-sized businesses, including healthcare providers.
Through digital capabilities, industry expertise, actionable data insights, seamless customer experiences, and tailored financing solutions, Synchrony is redefining what's possible in consumer finance.
For more information, visit www.synchrony.com.
FAQ
What new capabilities does the expanded CareCredit integration offer?
Providers can now manage the full customer financing journey on Clover devices including applying for CareCredit, making purchases, and looking up existing accounts, creating a smooth, end-to-end experience.
How easy is it to set up the updated CareCredit features on Clover?
Implementation is simple. Current Clover users can download the Pay with CareCredit app from the Clover App Market and begin using the new features right away, with no extra hardware required.
How does this integration help with day-to-day operations?
The Clover platform supports CareCredit payments, reporting, inventory management, and scheduling in one central location, giving practices and small businesses the tools to modernize their workflows and scale more efficiently.
Is CareCredit the only financing option available on Clover?
Yes. CareCredit remains the only patient financing solution in the Clover App Market, offering providers a unique and flexible payment option for their customers.
Media Contact:
Tyler Allen
Synchrony Media Relations
Tyler.Allen@syf.com
Torrie Miers
Fiserv Media Relations
victoria.miers@fiserv.com
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SOURCE Synchrony Financial
FAQ
What did Synchrony (SYF) announce on January 12, 2026 about CareCredit and Clover?
How does the CareCredit integration on Clover devices affect providers using Clover (SYF/FISV)?
Is the Pay with CareCredit app available on the Clover App Market for SYF?
Will the Clover integration change how patients apply for CareCredit at point of sale?
Which companies are involved in the January 12, 2026 announcement about CareCredit integration?
