Verizon may be known for wireless, but the company is set to branch out into the world of finance with a consumer credit card.
Angela Lang/CNET
T-Mobile provides banking services through its T-Mobile Money offering, but it soon won’t be the only telecom to enter the world of finance. On Thursday Verizon announced that it will be partnering with financial firm Synchrony to offer a co-branded consumer card to its customers later in the “first half of 2020.”
Verizon is the latest, but far from the first, tech company to offer a credit card to its customers.
Amazon and Uber have been offering branded cash-back credit cards for years, with Amazon offering 5% back on purchases made at its website or Whole Foods with its
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