RIVERWOODS, Ill.--(BUSINESS WIRE)--
Discover announced today that cardmembers now can redeem Cashback
Bonus® for a statement credit through Apple Pay. Apple
Pay is the easy, secure and private way to pay and Discover is the first
major credit card issuer to offer the ability to redeem rewards after a
purchase through Apple Pay.1
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Cashback Bonus redemption through Apple Pay can happen in just two touches for Discover cardmembers. (Graphic: Business Wire)
“Cashback Bonus redemption through Apple Pay can happen in
just two touches for Discover cardmembers,” said Szabolcs Paldy, vice
president of e-business for Discover. “We are committed to providing
simple and valuable solutions to our customers wherever and whenever
they need them. Customer experience hinges on embracing mobile-first
technologies like Apple Pay, and this new ability will make Cashback
Bonus redemption even easier and more convenient for our
cardmembers.”
Device Requirements
Discover Cashback Bonus redemption through Apple Pay
requires an iPhone 6 or later.2 Cardmembers must have:
-
A Discover card added to Apple Pay
-
The Discover Mobile app version 8.9.0 or above installed
-
A rewards balance higher than purchase amount
How to Redeem
In order to redeem Cashback Bonus for statement credit through
Apple Pay, Discover cardmembers just:
1. Make a qualifying purchase3 with your Discover card using
Apple Pay on your iPhone
2. Select “Tap for Details” under the Discover redemption message in
Apple Wallet
3. Then tap to redeem your Cashback Bonus as a statement credit
in the amount of the purchase
Security and privacy is at the core of Apple Pay. When you use your
Discover card with Apple Pay, the actual card numbers are not stored on
the device, nor on Apple servers. Instead, a unique Device Account
Number is assigned, encrypted and securely stored in the Secure Element
on your device. Each transaction is authorized with a one-time unique
dynamic security code. Apple Pay is easy to set up and users will
continue to receive all of the rewards and benefits offered by their
cards.
For more information, please visit discover.com/applepayredeem.
About Discover
Discover Financial Services (NYSE: DFS) is a direct banking and payment
services company with one of the most recognized brands in U.S.
financial services. Since its inception in 1986, the company has become
one of the largest card issuers in the United States. The company issues
the Discover card, America's cash rewards pioneer, and offers private
student loans, personal loans, home equity loans, checking and savings
accounts and certificates of deposit through its direct banking
business. It operates the Discover Network, with millions of merchant
and cash access locations; PULSE, one of the nation's leading ATM/debit
networks; and Diners Club International, a global payments network with
acceptance in more than 185 countries and territories. For more
information, visit www.discover.com/company.
1 Apple Pay is designed to protect your personal information.
Apple Pay doesn't collect any transaction information that can be tied
back to you.
2 Some T-mobile customers may need to use the Discover app to
redeem their Cashback Bonus.
3 In order to be a qualifying purchase, it must be an Apple
Pay purchase made with your Discover card on your iPhone. The purchase
must be greater than $1.00, but it must be less than or equal to your
available Cashback Bonus.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171011005188/en/
Source: Discover Financial Services