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Citigroup has agreed to acquire Brooks Brothers' credit card portfolio and issue cards on behalf of the clothing retailer.
June 26 -
Private label credit card is the least expensive method of payment stores can accept. For that reason alone, it makes fundamental sense for every retailer to carry a program if feasible.
December 21 -
Debitman Card Inc. has added another merchant, Wawa Inc., to its payment network.
October 10
Citigroup has agreed to issue private-label credit cards for Wawa, a Mid-Atlantic convenience store chain.
Citigroup's Citi Retail Services will issue, manage and service the cards on behalf of Wawa. The cards will be available on Wednesday. Financial terms of the multiyear agreement were not disclosed.
The Wawa card will offer rewards on fuel purchases, the companies said, without providing details on the rewards program. About 400 Wawa locations sell fuel.
Wawa, in Wawa, Pa., operates about 700 stores in Delaware, Florida, Maryland, New Jersey, Pennsylvania and Virginia.
