CVS Gives up on Mobile Payment App
One of the nation's largest retail chains has finally given up on its own mobile payment solution in favor of industry-standard mobile payments. CVS announced today that it now accepts contactless payments using Apple Pay, Google Pay, and Samsung Pay at all locations. It was among the last major national chains to resist standard NFC payment platforms. The company will retire its CVS Pay app on October 15th. CVS previously accepted Apple Pay, but disabled support in 2014 so it it could develop CVS Pay, which launched in 2016. Apple announced just a few weeks ago that Apple Pay support was expanding this year to CVS, 7-Eleven, and Costco.
Jan 22, 2019
Apple Pay and Google Pay are closer to being accepted everywhere, with the announcement that Target, Taco Bell, Jack in the Box, Hy-Vee and Speedway are now rolling out support for NFC payments. Target was one of the last big holdouts in supporting the technology, which lets you simply tap your NFC-equipped phone or smartwatch on the card terminal to pay.
Oct 23, 2017
Google today made good on its promise back in May to release a tool for improving online and in-app payments. Pay with Google allows people to pay with any card on file, including the card they might have associated with Android Pay, Google Play, YouTube, or Chrome.
Jul 31, 2018
Apple Pay will reach CVS and 7-Eleven retail locations later this year, said Apple CEO Tim Cook during the company’s earnings call with investors. The company didn’t say when Apple Pay will reach these retailers, but they are on deck.
Aug 21, 2018
All 750 of Costco's U.S. stores now accept Apple Pay at the register.
Aug 1, 2017
The NFC Forum today said it has agreed to work with other industry groups to increase the number of things NFC-equipped smartphones can talk to. Specifically, the NFC Forum has forged alliances with the Active & Intelligent Packaging Industry Association (AIPIA) and the Wireless Power Consortium (WPC).