Monday, March 5, 2012

Stickers Discover's Interim Mobile Bid.(Cards)(Discover Financial Services)

Byline: Andrew Johnson

Discover Financial Services is trying to broaden adoption of its contactless payment technology while it works with large wireless carriers on a new mobile payments system.

The Riverwoods, Ill., credit card issuer said Monday that it had begun sending its Zip contactless cards and payments stickers to "select" cardholders on Nov. 15 and will roll out the products to its wider customer base starting in January.

"Contactless is a good step to something that's going to be more significant in the future," Mark Scarborough, Discover's senior vice president of cardholder marketing, said in an interview Monday.

Discover is working …

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