Apple CEO Tim Cook announced today during the company’s earnings call that Best Buy will gain support for Apple Pay in its iOS app today and will begin accepting it in retail stores later this year. Best Buy’s decision is big news because the electronics chain was previously part of the coalition of companies working on the ill-received “Current-C” mobile payment system.
[tweet https://twitter.com/BBYNews/status/592798389768736769 align=’center’]
Best Buy took to Twitter during the call to confirm the announcement.
Previous reports had indicated that Current-C retailers would not be able to accept payments from other mobile systems, but that policy was quickly clarified following public outcry, with the creators of the software saying that the exclusivity agreement would last for only “months, not years.”
Other Current-C partners have already jumped ship and moved to Apple Pay as well.
You can pick up Best Buy 9.1 for iOS with support for Apple Pay right now. You’ll be able to use your iPhone or Apple Watch in physical Best Buy locations this fall.
FTC: We use income earning auto affiliate links. More.