Discovery Bank, which operates a shared-value banking model, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction.
Customers simply hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code. Apple Pay is accepted in grocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores, and many more places.
Customers can also use Apple Pay on iPhone, iPad, and Mac to make faster and more convenient purchases in apps or on the web in Safari without having to create accounts or repeatedly type in shipping and billing information. Apple Pay makes it easier to pay for food and grocery deliveries, online shopping, transportation, and parking, among other things. Apple Pay can also be used to make payments in apps on Apple Watch.
“We are thrilled to announce Apple Pay is here for all Discovery Bank clients, providing an easy, secure and contactless way to pay,” said Hylton Kallner, CEO of Discovery Bank.
“Discovery Bank’s launch of Apple Pay reflects our commitment to delivering the most advanced payment and digital banking technologies and comes at an important time for our customers who are looking for the most secure and convenient contactless payment options.
“Discovery Bank customers can now leave their wallet behind and still benefit from Discovery’s unique features, such as earning Discovery Miles and market-leading rewards.”
Security and privacy are at the core of Apple Pay.
When customers use a credit or debit 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, an industry-standard, certified chip designed to store the payment information safely on the device.
Apple Pay is easy to set up.
On iPhone, simply open the Wallet app, tap +, and follow the steps to add Discovery Bank’s credit or debit cards. Once a customer adds a card to iPhone, Apple Watch, iPad, and Mac, they can start using Apple Pay on that device right away. Customers will continue to receive all of the rewards and beneﬁts offered by Discovery Bank’s cards.