Discover Announces Apple Pay Availability and 10% Cashback Bonus® Offer

RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover today announced that on September 16, cardmembers will be able
to add their Discover cards to Apple Pay, the easy, secure and private
way to make contactless payments in participating stores. Discover is
rewarding cardmembers in the U.S. who use their Discover cards through
Apple Pay with a 10% Cashback Bonus®.

From September 16, to the end of the year, cardmembers who pay with
their Discover card using Apple Pay will automatically earn an extra 10%
Cashback Bonus
on up to $10,000 of in-store purchases. Discover it
Miles, Miles and Escape cardmembers will earn an extra 10 miles per
dollar on up to $10,000 of in-store purchases.

“We are excited for Discover cardmembers to have the ability to use
Apple Pay. Rewards have always been important to our cardmembers, and we
want to make sure they receive a generous offer for shopping with
Discover and Apple Pay,” said Heather Roche, vice president of rewards
at Discover. “We want to encourage new and existing Discover cardmembers
to add their Discover card to Apple Pay with a few simple clicks using
our mobile app, take advantage of this 10% Cashback Bonus, and
experience the ease and convenience of using Apple Pay.”

When using a Discover card with Apple Pay, Discover cardmembers will
continue to receive all of the protection, services and benefits offered
by Discover, including $0 Fraud Liability Guarantee which means a
cardmember is never responsible for unauthorized purchases on a Discover
card, and access to 24/7 U.S. based customer care centers.

Security and privacy are at the core of Apple Pay. When you add a credit
or debit card to 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.

In stores, Apple Pay works with iPhone 6, iPhone 6 Plus and Apple Watch,
as well as iPhone 6s and iPhone 6s Plus, upon availability.

How To Add a Discover Card to Apple Pay

After upgrading for free to iOS 9, Discover cardmembers can go to the
Wallet app to get started. If cardmembers already have a Discover card
on file with iTunes, all they need to do is enter the security code, or
they can choose to add a new Discover Card.

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, certificates of deposit and money market accounts 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.

Contacts

Discover Media Relations
Derek Cuculich
224-405-0665
DerekCuculich@Discover.com