Synchrony Launches CareCredit at LiveLoveSpa with 6–12 Month Financing for 100K Shoppers
SYF•Synchrony has integrated CareCredit as a built-in checkout option on LiveLoveSpa.com, its first cosmetics eCommerce partnership, offering 6- and 12-month promotional financing on purchases over $200. The rollout targets over 100,000 LiveLoveSpa customers, tapping into a sector where online beauty sales represent 41% of U.S. personal care revenue.
1. Partnership Overview
Synchrony has partnered with LiveLoveSpa.com to embed CareCredit directly into the Shopify checkout process, marking CareCredit’s first cosmetics eCommerce integration. This enables shoppers to apply for and use the CareCredit card seamlessly when purchasing skincare and beauty products.
2. Financing Options
Eligible purchases of $200 or more qualify for promotional 6- and 12-month financing plans, allowing consumers to spread payments without upfront costs. The apply-and-buy flow aims to meet the needs of the 44% of shoppers who actively seek financing options.
3. Market Opportunity
Online channels now account for 41% of U.S. beauty and personal care sales, with global eCommerce projected to reach $6.4 trillion in 2026 and grow beyond $7.89 trillion by 2028. The cosmetics sector’s rapid shift to digital presents a growing financing opportunity.
4. Expected Impact
The integration is expected to bring CareCredit to over 100,000 LiveLoveSpa customers, expanding Synchrony’s digital presence in the beauty and wellness vertical. This strategic move leverages Synchrony’s expertise across 70.7 million active accounts and 500,000 partner locations.
