OnePay and Synchrony said they will create both of the credit cards for Walmart that will be in the forms of a physical object and digital resource. The digital version of the cards will be

Synchrony Financial, which has run the retailer’s credit-card program before.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.

Consumers can use the cards through OnePay’s app, which stands to appeal to members of Generation Z. Financial services company Synchrony and OnePay, a consumer fintech, plan to launch a new credit card program in conjunction with Walmart that could put pressure on traditional issuers to upgrade their offerings.