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Benzinga
Benzinga
Business
Adrian Zmudzinski

CONFIRMED: Apple Moves Away From Payment Card Manager Discover

Apple Discover Apple Cash Discover Financial Services Nasdaq Visa

A Discover Financial Services (NYSE:DFS) representative gave a statement to Benzinga clarifying its payment card network's role in Apple Inc. (NASDAQ:AAPL) Apple Cash digital payment cards service.

What Happened: A Discover spokesperson told Benzinga that while the company "is proud of our involvement in bringing the Apple Cash functionality to market in collaboration with Apple in 2017," it "will no longer be the payment network for Apple Cash."

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