cvs Stories October 29, 2014

Earlier this week, retailers CVS and Rite Aid blocked NFC payments at their stores following the launch of Apple Pay because of their existing commitment to MCX’s CurrentC platform. Nevertheless, MCX CEO Dekkers Davidson assures that merchants accepting both CurrentC and Apple Pay “could be entirely possible” in the future.

The blockade has ignited somewhat of a controversy between Apple Pay and MCX, only worsened by the fact that it was confirmed that CurrentC suffered a security breach earlier this morning. MCX, or Merchant Customer Exchange, consists of a number of high-profile retailers that grouped together to work on their own CurrentC contactless payments platform. expand full story

MCX, the retailer consortium behind the CurrentC mobile payment system, has responded to the controversy over its members being required to block Apple Pay or face fines with some unconvincing ‘assurances.’

The first sign of trouble between MCX and Apple Pay was when CVS disabled NFC functionality from its payment terminals. When Rite Aid joined in, consumers responded by threatening to boycott MCX members.

In a blog post which MCX says is designed to “set the record straight,” it appears to do anything but …  expand full story

cvs Stories October 27, 2014

apple-pay

Apple has provided the following statement to Business Insider when asked about CVS and Rite Aid both blocking Apple Pay at their checkout terminals:

The feedback we are getting from customers and retailers about Apple Pay is overwhelmingly positive and enthusiastic. We are working to get as many merchants as possible to support this convenient, secure and private payment option for consumers. Many retailers have already seen the benefits and are delighting their customers at over 220,000 locations.

Earlier today CVS confirmed in a statement to CNBC that it will not be accepting Apple Pay after users previously reported being able to the chain’s NFC terminals: expand full story

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

cvs Stories September 5, 2014

Apple has reportedly been working with several national retailers about supporting its mobile payment system, and now a new report suggests that two pharmacy chains, CVS and Walgreens, have agreed to join up with Apple to roll the system out in their stores. The system is expected to be built into the iPhone 6 when it launches later this month.

Re/code notes that while Apple and Walgreens decided not to comment on the matter, CVS apparently issued a bit of a rebuttal, indicating that the company had no idea what type of payment system Cupertino was working on and had no way of knowing if they’d be able to support it.

expand full story

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