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Discover Card Offers Free Discount Fees to Ski Area Merchants; Discover the Slopes Program Benefits Merchants and Consumers.


Business Editors

RIVERWOODS, Ill.--(BUSINESS WIRE)--Feb. 1, 2000

Discover Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, a business unit of Morgan Stanley To comply with Wikipedia's , the introduction of this article needs a complete rewrite.  Dean Witter Dean Witter may refer to:
  • Dean G. Witter (businessman, Co-founder of Dean Witter & Company)
  • Dean Witter Reynolds (brokerage firm, now known as Morgan Stanley)
 &Co., today announced the latest in a series of merchant initiatives-- &uot;Discover(R) the Slopes(SM).&uot; The program offers participating ski area restaurants, sporting goods Noun 1. sporting goods - sports equipment sold as a commodity
commodity, trade good, good - articles of commerce

sports equipment - equipment needed to participate in a particular sport
, lodging and recreational services providers in Colorado, Utah, Maine, New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E).  and Vermont, free Discover/Novus(R) Network discount fees for the month of February.

A mailing was distributed by Discover(R) Card that details the offer to merchants that currently accept Discover Card as well as to those who do not. All merchants that enroll in the program will receive a full rebate of their discount fees for the month of February along with complimentary signage, customized check presenters and tip trays, as appropriate. The merchant's obligation is to simply use the promotional products and display promotional signage to encourage the use of Discover Card.

&uot;The Discover the Slopes program is the latest step in our initiative to strengthen our relationships with merchants,&uot; said Tom Dailey, senior vice president, Discover Financial Services, Inc. &uot;This program gives merchants a direct benefit from working with Discover Card and it is helping expand the reach of our Network even further.&uot;

Last year, Discover Card launched a series of initiatives to help merchants reduce the costs of credit card transactions and urged merchants to shift their business away from Visa(R), MasterCard(R) and American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. (R). The Discover the Slopes program is the latest in a series of efforts to increase acceptance of the Discover Card while working with merchants to build their own businesses.

The Discover the Slopes program will benefit Discover Cardmembers with a double Cashback cashback
Noun

1. a discount offered in return for immediate payment

2. a service by which a customer in a shop can draw out cash on a debit card

cashback cash n (= discount
 Bonus(R) award of an additional 1% during the month of February when they use their cards at participating merchant locations. Also, Cardmembers can redeem coupons for 20% off the lowest marked price of any ski or snowboard equipment or apparel at Sportmart or Gart Sports when they use their Discover Card. Cardmembers who use their Discover Card to reserve lodging at participating merchants will receive a complimentary Discover the Slopes Survival kit, including items such as lip balm balm, name for any balsam resin and for several plants, e.g., the bee balm.
balm

Any of several fragrant herbs of the mint family, particularly Melissa officinalis (balm gentle, or lemon balm), cultivated in temperate climates for its fragrant
, a hand warmer, an energy bar, hot cocoa packet and Discover Card application.

Discover Financial Services, a business unit of Morgan Stanley Dean Witter &Co., operates the Discover Card brands with more than 48 million Cardmembers and the Discover/Novus Network. The Network is the largest independent credit card network in the United States with more than 3.5 million merchant and cash access locations.
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Publication:Business Wire
Date:Feb 1, 2000
Words:431
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