August 11, 2005

Discover® Card Offers Cardmembers Convenient And Secure Way To Pay Bills Online While Earning Cashback Bonus® Rewards

RIVERWOODS, Ill., August 11, 2005 - Discover Financial Services, Inc., a business unit of Morgan Stanley (NYSE:MWD), today announced the introduction of Auto Bill Pay, a free new service that enables Discover Cardmembers to pay multiple bills securely in a single place online, while building their Cashback Bonus® in the process.

Auto Bill Pay allows Cardmembers to:
  • Sign up a variety of bills with one visit to

  • Earn rewards for bills they're already paying

  • Gain greater control of finances by getting an integrated picture of monthly spending and payment history for all of the bills they handle through Auto Bill Pay

  • Save time and eliminate the hassle of paying bills by automatically charging recurring bills (for cable, telephone, ISP, subscriptions and more) to their Discover Card Account

  • Enjoy greater peace of mind knowing they're using secure online Account numbers that cannot be traced to their Discover Card Account

"We are constantly looking for ways to give our customers added levels of convenience and service,” said Matt Sloan, Vice President of Portfolio Marketing for Discover Financial Services, Inc. “Not only does this remove the monthly headache of paying your bills, but it also keeps your personal information secure.”

The Auto Bill Pay application was created by Yodlee Inc. of Redwood Shores, Calif., the leading provider of personalized online financial management solutions ( Secure online Account numbers are made possible by Orbiscom's Controlled Payment technology (

About Discover Financial Services
Discover Financial Services, a business unit of Morgan Stanley (NYSE:MWD), operates the Discover Card with more than 50 million Cardmembers, the Discover Network with more than 4 million merchant and cash access locations and the PULSE ATM/Debit network currently serving over 4,000 banks, credit unions and savings institutions. For more information, visit, or

Jennifer Kang-Born
Discover Financial Services