NYSE, DFS - Discover Financial Services
We are a leading credit card issuer and electronic payment services company with
one of the most recognized brands in U.S. financial services. Since our
inception in 1986, we have grown to become one of the largest card issuers in
the United States with $48.2 billion in managed receivables as of November 30,
2007. We are also a leader in payments processing, as we are one of only two
credit card issuers with its own U.S. payments network and the only issuer whose
wholly-owned network operations include both credit and debit functionality. In
2007, we processed 3.8 billion transactions through our signature card network
(the ?Discover Network?) and PULSE EFT Association (the ?PULSE Network? or
?PULSE?), one of the nation?s leading ATM/debit networks.
We issue credit cards in the United States under the Discover Card brand to
various segments within the consumer and small business sectors. Most of our
cards offer a Cashback Bonus rewards program. ...
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