Home Depot Looking to Ring Up Apple Pay
May 6, 2015, 7:27 AM by Eric M. Zeman
Home Depot hopes to offer Apple Pay to its customers following an upgrade of its in-store payment terminals. "It's something we'd like to do," said Home Depot spokesperson Steve Holmes to Bloomberg. Some Home Depot stores equipped with compatible terminals accepted Apple Pay for a short time, but the larger chain doesn't yet support Apple's mobile payment service. Home Depot is still negotiating terms with Apple and the deal is not yet final. With the new payment terminals, Home Depot may be able to accept other mobile payment services, such as Google Wallet and Samsung Pay. Home Depot did not say when it might launch support for Apple Pay. Support for Apple Pay has expanded rapidly through financial institutions, but has yet to grow its retail footprint significantly. Some of the country's largest retailers, including Target and Walmart, intend to support a competing mobile payment service still in development by the Merchant Customer Exchange.
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