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Discover Begins Contactless Card Rollout

November 4, 2019 GMT

RIVERWOODS, Ill.--(BUSINESS WIRE)--Nov 4, 2019--

Adding to its long line of innovative, digital products and services, Discover today announced it will begin issuing contactless-enabled credit cards over the next several months.

“Contactless technology has become increasingly popular with our cardmembers and more accepted by merchants worldwide, and we want to deliver the best shopping experience to our cardmembers,” said Szabolcs Paldy, senior vice president, marketing at Discover. “The goal of this digital technology is to make payments fast, easy and secure, and give cardmembers more choices in how they pay.”

“Our D-PAS technology will allow Discover cardmembers to use their contactless cards instantly at millions of merchants across the globe,” said Andrew Hopkins, senior vice president of Global Products at Discover. “By leveraging the latest payment technologies, we are able to provide more convenient payment experiences for our cardmembers.”

The rollout of contactless-enabled cards will start this month for most Discover it® and Discover More® cardmembers who need cards reissued or replaced. Beginning in December, contactless cards will start to be issued to new Discover cardmembers.

With contactless technology, Discover cardmembers can tap their Discover cards at card readers with the Contactless Symbol¹ to pay at millions of stores and will continue to earn rewards on every purchase. Discover cardmembers can learn more by visiting www.discover.com/contactless.

¹ The Contactless Symbol is a trademark owned by and used with permission of EMVCo, LLC.

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 Global Network comprised of 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 around the world. For more information, visit www.discover.com/company.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191104005669/en/

CONTACT: Media Contact

Jennifer Delgado

224-405-1484

jenniferdelgado@discover.com

@Discover_News

KEYWORD: ILLINOIS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES TECHNOLOGY MOBILE/WIRELESS FINANCE BANKING INTERNET

SOURCE: Discover Financial Services

Copyright Business Wire 2019.

PUB: 11/04/2019 11:20 AM/DISC: 11/04/2019 11:20 AM

http://www.businesswire.com/news/home/20191104005669/en