Synchrony Car Care Opens Cards to Let Consumer Charge EV Refills

Synchrony, a consumer financial services company, has announced that customers will be able to use the company’s Car Care credit card to pay for refills at electric vehicle (EV) charging stations, a press release said.

The release said that adding EV charging to its list of features will add to the utility of Car Care, which allows consumers to pay for almost everything their vehicle needs.

In addition to normal purchases like parts and service, gas, tires and oil changes, customers might use the card for parking, car washes, public transportation, car rentals, ride share, tolls and insurance.

“We are seeing motorists looking to use their EVs for everything from local shopping trips to cross-country family vacations,” said Curtis Howse, CEO of home and auto at Synchrony.

The release said the U.S. Department of Energy reports there are over 45,000 public EV charging stations and around 115,000 charging ports in the country.

And last month, the Biden administration said it planned to make $5 billion available to build a national network for electric vehicle charging stations — in particular, along the Interstate Highway System.

Read more: Synchrony Announces Strategic Investment in ePayments Platform Skipify

PYMNTS wrote last December that Synchrony had rolled out a strategic investment in Skipify, a digital payments company, which will allow merchants the opportunity to have a one-tap checkout solution.

Synchrony will work alongside Skipify to “commercialize Skipify’s capabilities” across the Synchrony merchant network and financial ecosystem.

This will bring one-tap checkout to emails, ads texts and websites. And Synchrony’s merchant partners will be able to embed it to let customers make purchases with credit cards from Synchrony.

Source https://www.pymnts.com/news/investment-tracker/2021/synchrony-announces-strategic-investment-in-epayments-platform-skipify/