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WASHINGTON — McLean, Virginia-based Capital One Financial has active a abiding acclaim agenda affairs acceding with Walmart.

Beginning aing year, Capital One will be the absolute issuer of Walmart’s clandestine characterization and co-branded acclaim cards in the U.S.

Capital One takes over as the issuer of Walmart’s acclaim cards from Stamford, Connecticut-based Synchrony Financial, whose arrangement was not renewed and expires aing year.

“Walmart and Capital One intend to action awful innovative, digitally-enabled acclaim agenda articles that bear abundant amount to barter and an aberrant cardholder experience,” Walmart said in a statement.

The alteration to the new Capital One cards will activate in August 2019.

Capital One has agenda partnerships with a cardinal of retailers, including Kohl’s, Lord & Taylor, Neiman Marcus and Saks Fifth Avenue.

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