American card issuer Discover Financial Services has announced that the card members can now redeem their cashback bonus rewards for a statement credit through Apple Pay.
The new cashback bonus feature requires a Discover card added to Apple Pay, Discover mobile app and rewards balance higher than purchase amount.
Discover card members can redeem cashback points by making a qualifying purchase that is greater than $1; select ‘Tap for Details’ under the Discover redemption message in Apple Wallet; and then tap to redeem cashback bonus as a statement credit in the amount of the purchase.
Apple Pay does not store users’ credit or debit card details on their devices; instead a unique code is generated when paying for the item.
Discover vice president of e-business Szabolcs Paldy said: “Cashback Bonus redemption through Apple Pay can happen in just two touches for Discover cardmembers. 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.”