Items tagged with CVS

Over the weekend, CVS joined Rite Aid in taking steps to prevent customers from using Apple Pay to make purchases. Despite the steps taken, Apple CEO Tim Cook appeared to be unaffected by this move. During this week’s Wall Street Journal Digital Live conference, when asked if CVS and Rite Aid’s strategy would be a challenge for Apple Pay, Cook answered, “I think it’s a skirmish, is the way I would see it.” Cook then went on to reveal that, within 72 hours of Apple Pay’s launch, more than 1 million cards were activated. Currently, there are 34 businesses that are partnered with Apple Pay but not many of the larger merchant businesses have officially partnered... Read more...
Competition is heating up between select retailers and Apple Pay. Earlier this week, Rite Aid took steps to shut down support for Apple and Google’s digital wallets. While the pharmacy chain was not an official Apple Pay partner, consumers were able to use the payment system with existing NFC payment terminals until a short while ago. But now, CVS is following suit. CVS sent an email to its stores saying that NFC support is supposed to be turned off and that the company will not accept Apple Pay. The email went on to say that cashiers should be instructed to apologize to the customer, explain that CVS does not accept Apple Pay, and then inform the customer that it will have its own mobile... Read more...