Boston, MA 10/09/2014 (wallstreetpr) – According to reports, Synchrony Financial (NYSE:SYF) and International Diamond Center have signed a multi-year deal for launching consumer financing program. SYF is a market leader in consumer financial services with over eight decades of experience in the retail segment.
Insights of deal:
Both the companies have signed a multi-year deal, which will allow them to offer financial programs to their customers through IDC’s eight stores that are located in Georgia and Florida. All the operations and transactions of the International Diamond Center credit card are maintained and run by Synchrony Financial (NYSE:SYF). All those customers who have this credit card can avail various special and credit financing options for all the jewelry purchasing transactions.
Management of both the companies is looking forward to making a difference in market. According to Brian Stamey, General Manager for International Diamond Center, with the help of this new financing program all the IDC customers will be able to avail second to none financing options offered by Synchrony Financial (NYSE:SYF). These days competition has increased to a significant level in the market. All the IDC customers have very high expectations from the company, and this new partnership deal with SYF will prove to be beneficial in the near future.
IDC has been serving all the customers since 1983 in best possible way. From the time to time, it has changed and improved its offerings, working system and quality of diamonds and gems in order to serve its customers effectively. Not only they can find world class stones at IDC, but also watches, family and bridal jewelry and other designer jewelry. According to Stephen Roe, General Manager and Vice President of Sales for SYF, jewelry is a special item to buy at any point of time. With the new deal between Synchrony Financial (NYSE:SYF) and IDC, the entire jewelry buying process will become easy, innovative and attractive for all the customers. They will have more option to execute than before.