CVS Pharmacy has announced it will now accept Apple Pay in its stores. Despite already having the technology in place to use the system for many years CVS was, until recently, a member of the Merchant Customer Exchange, which promoted the rival platform CurrentC and shut off NFC terminals to encourage adoption of the service. The move is part of an effort by major retailers like Walmart and Target to make their stores more accepting of mobile payments.
CVS Pharmacy has announced it will now accept Apple Pay in its stores. Despite already having the technology in place to use the system for many years CVS was, until recently, a member of the Merchant Customer Exchange, which promoted the rival platform CurrentC and shut off NFC terminals to encourage adoption of the service. However, with the technology struggling to catch on and then being sold to JPMorgan last year, CVS has now agreed to support Apple's mobile payment platform.