Synchrony: Broad-Based Consumer Spending Drives Q3 Purchase Volume to Record High
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Consumer financing company Synchrony saw record third-quarter purchase volume, with both discretionary and non-discretionary out-of-partner spend on its consumer co-branded cards growing by double digits, Synchrony President and CEO Brian Doubles said Tuesday (Oct. 20) during an earnings call. The purchase volume increased 8% year over year to reach $49.7 billion, the highest third-quarter level […] The post Synchrony: Broad-Based Consumer Spending Drives Q3 Purchase Volume to Record High appeared first on PYMNTS.com .