Discover Network Enables Payments for Apple’s Newly Launched Apple Pay Cash

December 5, 2017

RIVERWOODS, Ill.--(BUSINESS WIRE)-- Discover announced today that transactions made with Apple’s new Apple Pay Cash card leverage the Discover Network.

The Apple Pay Cash card is a virtual debit card that lives within the Apple Wallet app. The card is part of the new Apple Pay functionality allowing U.S. customers to send and receive money among friends and family quickly, easily and securely. When Apple customers receive money on a supported device, the money is added to their new Apple Pay Cash card. They can use the money instantly to pay someone or to make purchases using Apple Pay in stores, apps and on the web.

Apple Pay Cash works on the iPhone SE, iPhone 6 and later, iPad Pro, iPad (5th generation), iPad Air 2, iPad mini 3 and later, and Apple Watch.

For more information, visit www.discovernetwork.com or www.apple.com/apple-pay.

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.

Source: Discover Financial Services

Discover Financial Services

Jeremy Borling, 224-405-4252

jeremyborling@discover.com

@Discover_News