CVS Pharmacy now accepts Apple Pay

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9to5Mac notes that CVS’s payment terminals have had NFC capability for years; the company actually turned it off to prevent customers from using Apple Pay. This is because CVS was a member of Merchant Customer Exchange, which was behind a proprietary mobile payment format called CurrentC. Companies that adopted CurrentC turned off NFC payment capabilities in order to encourage adoption.

However, CurrentC was clunky to use; it involved scanning a QR code, which is much less seamless than ApplePay’s current system. As a result, it never established a large user base, and in 2017, JP Morgan bought the tech, which was its effective end as a payment system. In other words, CVS gambled on a payment system that didn’t work and is now having to relent and accept Apple Pay.


, 2018-10-11 13:46:00

Content from https://www.engadget.com/2018/10/11/cvs-pharmacy-accepts-apple-pay/