Further building on its expanding product line, Discover Network has unveiled several new payments offerings including the Discover Network Premium Card product, Perks Everyday, and Discover Network Zip. These new offerings provide issuers with a wider range of customer-centric payments options and help them increase transaction volume and revenue, while building cardholder loyalty.
Perks Everyday is a new points-based rewards program that provides issuers with either a turnkey or customized capability. With flexible features, this new program allows issuers to promote their brand in a holistic way by incorporating rewards for card transactions or an entire relationship. Perks Everyday provides Discover Network cardholders with an opportunity to earn points on card purchases and other transaction types, and redeem those points by choosing from hundreds of offers including gift cards, merchandise and services.
The Discover Network Premium Card product is a new credit offering designed with the affluent consumer in mind. It will offer qualified cardholders a comprehensive suite of benefits that help secure a “top of wallet” position for issuers, and helps drive additional loyalty for merchants. Benefits, such as concierge service and specialized rewards, are appealing and relevant to the affluent consumer, which in turn, deepens their relationship with their issuer.
Discover Network Zip is Discover Network’s new contactless payments technology that enables fast, secure transactions using radio frequency (RF) and/or near field communications (NFC) technology. Discover Network Zip supports contactless payments and mobile banking functions that deliver value to issuers and merchants by driving transaction volume and customer loyalty. Supported devices include contactless cards, fobs, cell phones, and PDAs.
