Continental Tire announced it has formed a multi-year strategic partnership with Synchrony, a consumer financial services company.

"Synchrony is a great partner that provides a valuable service for our customers and gives our dealers innovative technology solutions to help drive additional value and loyalty," said David DeRonne, Senior Manager Programs and Planning, Continental Tire.

During the past five years, Synchrony has helped Continental Tire and its network of dealers grow their business with a financing partnership that focuses on promotional financing. This expanded agreement brings benefits to both consumers and dealers including automatic access to special financing and easy application through Synchrony Car Care.

Dealer Benefits

The extended agreement brings Continental dealers access to Synchrony's mobile-responsive Business Center technology, which provides enhanced consumer credit decisions and a detailed business dashboard with insights to help dealers manage their applications. Synchrony's application pre-fill capability makes applying for the card quick and easy for both the dealer and the consumer and reduces a common barrier that dealers face when proposing special financing to customers.

Dealers also have access to dApply, a digital process that allows customers to seamlessly apply for credit in just three easy steps and receive a decision within seconds. Synchrony's robust technology infrastructure and data-driven credit decisioning model enables the company to enhance customer experience by quickly verifying identities, guarding against fraud, and approving credit almost instantaneously.

"Continental Tire is a key partner in our Synchrony Car Care program and this contract expansion validates the benefits we have delivered to Continental dealers and cardholders for the past five years," said Steve Roe, SVP and Leader, Payment Solutions, Synchrony. "Tires are a significant investment and having access to special financing enables consumers to more easily fit it into their budget. Additionally, with the power of the Synchrony Car Care network, we are helping keep Continental top of mind with cardholders throughout the year."

Consumer Benefits

The Continental Tire card will continue to offer cardholders the convenience and flexibility to use special financing on purchases of Continental Tires, with the addition of General Tires at dealers across the US.

Additionally, with Synchrony Car Care, Continental Tire cardholders benefit with access to a wider network of retailers. Customers can make purchases across multiple auto related categories, including gas purchases, auto parts, car washes, parking, and ride sharing. Cardholders will automatically receive 6 months promotional financing for purchases of $199 or more at over 730,000 locations and the ability to fill-up at over 200,000 gas stations across the US and Puerto Rico.

Cardholders can contact their local Continental dealer to learn more about available services during this time including: curbside drop-off, pickup/delivery services, enhanced cleaning and sanitation, stay-in-car services, and no contact purchasing and procedures.

Tagged: Steve Roe

Continental Tire announce multi-year partnership with Synchrony