Discover Cardholders Can Now Use Apple Pay Platform

Discover is making the Apple Pay mobile payment platform available to its cardholders. The launch features a 10 percent cash back offer to encourage customers to take advantage of the convenience of mobile payments. Apple Pay has been a slow starter, thanks to some technical difficulties and a long learning curve at brick-and-mortar stores, but is now catching on with retailers, credit card services and consumers. A Capital One executive predicts a massive shift to Apple Pay this year as more consumers carry smartphones at all times. Magnetic stripe payments will decline as a result.