Walmart's majority-owned fintech startup OnePay said Monday that it was launching a pair of new credit cards for customers of the world's biggest retailer. To do so, OnePay is partnering with Synchrony,

OnePay, a fintech backed by Walmart, chose Synchrony to head up the credit-card program, the companies said Monday. Synchrony had handled Walmart’s store-issued cards for nearly 20 years before the retailer switched over to Capital One in 2018.

Owned by Walmart, fintech firm OnePay is partnering with financial services company Synchrony to issue credit cards. Synchrony, a leader in retail credit accounts, will make underwriting decisions and issue cards starting in a few months.