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private label

(via Payments News – from Glenbrook Partners)

Alliance Data Systems has announced that its Retail Services business, which manages more than 120 branded credit programs, has come to multiple agreements with PayPal. Under a multi-year agreement with PayPal, Alliance Data will become an issuer for Bill Me Later® credit products and will maintain a partial interest in the receivables generated under the program. Additionally, Alliance Data and PayPal have agreed to collaborate to support PayPal’s offline expansion, which is enabling PayPal to be accepted in more physical merchant locations across the U.S. Consumers who hold a branded private label credit card from Alliance Data’s partners that accept…

Complete story at source: Payments News – from Glenbrook Partners
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