DISCOVER® ZIP®
NOW ACCEPTED AT THE HOME DEPOT®
Riverwoods, IL July,
30 2009 –
Discover today announced that The
Home Depot®, the world's largest home
improvement retailer, will accept Discover®
Zip® payment devices in its 1,974 U.S.
stores.
Zip
payment devices can be issued by banks in many
forms. In addition to the traditional bank card or
key chain fob, Discover’s new mini-adhesive card can
be attached to personal items that are always at
hand, such as a mobile phone, PDA or MP3 player.
Purchases are made with a quick tap of these devices
on a Zip reader found at the checkout.
“Zip provides our customers with the flexibility to
use their Discover Card in a way that is most
convenient for them. Saving time at the checkout
provides added value to our merchants, our card
issuers, and our account holders,” said Farhan
Ahmad, General Manager, Prepaid & Director of
Emerging Payments.
To
learn more about Discover Zip, please visit
http://discovernetwork.com/paymentsolutions/features/zip.html
About Discover Financial Services
Discover Financial Services (NYSE: DFS) is a leading
credit card issuer and electronic payment services
company with one of the most recognized brands in
U.S. financial services. The company operates the
Discover Card, America's cash rewards pioneer. Since
its inception in 1986, the company has become one of
the largest card issuers in the United States. Its
payments businesses consist of the Discover Network,
with millions of merchant and cash access locations;
PULSE, one of the nation's leading ATM/debit
networks; and Diners Club International, a global
payments network with acceptance in 185 countries
and territories. For more information, visit
www.discoverfinancial.com.
About The Home Depot
The
Home Depot is the world's largest home improvement
specialty retailer, with 2,242 retail stores in all
50 states, the District of Columbia, Puerto Rico,
U.S. Virgin Islands, Guam, 10 Canadian provinces,
Mexico and China. In fiscal 2008, The Home Depot had
sales of $71.3 billion and earnings from continuing
operations of $2.3 billion. The Company employs more
than 300,000 associates. The Home Depot's stock is
traded on the New York Stock Exchange (NYSE: HD) and
is included in the Dow Jones industrial average and
Standard & Poor's 500 index.
