Shares of this Zacks Rank #4 (Sell) private label credit card processing company have gained 23.9% year to date, against the industry’s decrease of 1.6%. Solid receivables growth in Card Services is expected to drive the top line of Alliance Data. This segment accounted for a lion’s share of Alliance Data’s revenues. Alliance Data’s products and services are reported under its Card Services segment, which provides risk management solutions, account origination, funding, transaction processing, customer care, collections and marketing services for the company’s private label and co-brand credit card programs.

Therefore, the reissue of Victoria's Secret Credit Card is likely to enhance the Card Services segment of the financial transaction service provider. Esta compensación puede influir en cómo y dónde aparecen los productos en este sitio (incluyendo, por ejemplo, el orden en que aparecen). The cardmembers will also get the benefit of transaction alerts. Victoria secret comenity Muchas de las ofertas que aparecen en este sitio son de anunciantes de los que este sitio web recibe una compensación por aparecer aquí. Processed by Mastercard MA, it includes digital wallet capabilities as well as the added security of chip technology, expiration date and a CVV. Not only this, the cardmembers can make contactless, secure transactions in store and get earnings rewards at Victoria's Secret.Īpart from furnishing a secured payment option, this card is also intended to spur brand engagement and customer loyalty with rewards and benefits like perks of the month, anniversary gifts and birthday celebrations. They will also get the privilege of having private label shopping experiences on the market. Victoria's Secret Credit Card with new online payment features will enable cardmembers to pursue contactless transactions with the use of Apple Pay, which is considered to be a secured payment method. The latest tie-up is intended to reissue an improved private label credit card, known as Victoria's Secret Credit Card, for the cardmembers. As the largest retailer of lingerie in the United States, the brand has struggled since 2016 due to shifting consumer preferences and ongoing controversy surrounding corporate leadership's business practices. The partnership is expected to boost Alliance Data’s Card Services segment.Īlliance Data’s Card Services business is a provider of market-leading private label, co-brand, general purpose and business credit card programs, digital payments, including Bread and Comenity-branded financial services.įounded in 1977 and headquartered in Columbus, OH, Victoria’s Secret, a subsidiary of Limited Brands, Inc., is an American lingerie, clothing, and beauty retailer known for high visibility marketing and branding, starting with a popular catalog and followed by an annual fashion show with supermodels dubbed Angels. Alliance Data Systems Corporation’s ADS Card Services business recently collaborated with its long-time brand partner Victoria's Secret in a bid to provide its cardmembers a secured payment option.