Discover has become the first major credit card company to let its customers redeem cashback rewards with Apple Pay.
This is according to a release by the company yesterday, which states that cardholders can now redeem rewards after a purchase in just “two touches,” Szabolcs Paldy, vice president of e-business for Discover, said in the announcement.
Users actually accomplish this through three steps, the first of which is making the purchase in question using Apple Pay — where the user’s Discover card is connected.
Next, the user will “tap” for details within a redemption message that will appear in the Apple Wallet, and will redeem “your Cashback Bonus as a statement credit in the amount of the purchase,” according to the company.
Additionally, the new feature will not be available to all Discover cardholders using Apple Pay, but only those using it on an iPhone 6 or higher. Users of older model iPhones will just have to go on using the physical card.
Read more at BusinessWire and PYMNTs.