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.
Jun 21, 2016
Microsoft today updated its Microsoft Wallet app and gave Lumia smartphone owners the ability to make mobile payments at supporting retailers. Windows Mobile has long included a Wallet app, but until today it was reserved for loyalty cards and other retail programs.
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.
Jul 15, 2016
Android owners will soon be able to use their own mobile banking app — rather than Android Pay or Samsung Pay — to make tap-and-go payments in stores. Mastercard has expanded its Masterpass program to mobile devices so consumers can make contactless payments at various retailers.
Dec 19, 2016
The NFC Forum today made three adopted specifications and one candidate specification available to developers and hardware manufacturers. The three finalized specs were ratified by the NFC Forum in October and ensure compatibility between a wider range of devices.
Aug 11, 2016
CVS Health today announced CVS Pay, its own barcode-based mobile payments service that uses the company's CVS Pharmacy app. It includes several unique features, such as the ability to verify the user's identity when picking up a prescription, saving a step at checkout.