Apple Pay launched last week with widespread support at over 220,000 stores in the United States, although Walmart alongside CVS and Rite Aid are among some of the high-profile retailers that have not embraced the new mobile payments service. Now, Walmart has provided official comment as to why it doesn’t accept Apple Pay at its stores. expand full story
Walmart ▪ October 27, 2014
The NYT reports that Rite Aid has joined CVS in disabling Apple Pay as a payment method in its stores. Like CVS, Rite Aid is a member of the Merchant Customer eXchange (MCX) consortium promoting a rival mobile payment service, CurrentC.
Consumers are responding by threatening to boycott stores which disable Apple Pay, with more than 2,000 comments across several Reddit threads on the topic. Android users are joining in, as disabling NFC also blocks alternative mobile payment services offered by higher-end Android handsets … expand full story
Walmart ▪ October 20, 2014
On the day that Apple Pay goes live, SVP Eddy Cue has told the WSJ that the company “has a lot of work to do” on the service, suggesting that initial take-up may be slow – with in-app purchases making up the largest share of transactions in the short-term.
We’re trying to do something that I think is a game changer and it requires a lot of people to play together. There’s a lot to do here and we have a lot of work to do, but it should be huge.
Although the list of retailers who have committed to Apple Pay looks impressive, it is far from comprehensive, with some big names missing – including the largest retailer in the US, Wal-Mart … expand full story
Walmart ▪ September 10, 2014
Walmart ▪ August 20, 2014
Walmart has cut the prices of both of the current iPhone models substantially in what looks like some early prep for the iPhone 6, which is expected next month. As noted by Engadget, you’ll be able to get the 16 GB model of the iPhone 5c for only $.97. No, that’s not a typo. The phone is now selling for ninety-seven cents.
The 16 GB iPhone 5s also got yet another price cut, this time down from $99 to $79. Both of these prices are only temporary and will climb back to their usual points in 90 days—unless of course a newer model comes along and knocks the retail price of these handsets down a few bucks.
Walmart ▪ June 26, 2014