A new partnership is giving Discover card users more flexibility and security at point-of-sale.
An agreement between Discover Financial Services (DFS) and PayPal allows U.S.-based PayPal customers to use Discover at all contactless-enabled merchants that accept the card. Discover cards will be presented as a payment option within the PayPal wallet, making accounts easily identifiable to card members when paying.
The agreement also enables Discover cardholders to use their Cashback Bonus to pay for purchases at any online or mobile merchant that accepts PayPal.
All transactions remain secure since PayPal now has access to Discover’s tokenization services.
“Discover is focused on making the payments experience seamless and secure for both card members and our merchant partners,” said Diane Offereins, president of payment services at Discover. “This agreement with PayPal helps expand consumer payment choices by providing additional ways to transact, and builds on the growing adoption of digital payments.”