Home  ›  News  ›

CVS, Rite Aid Shut Out Apple Pay

Article Comments  

all discussions

show all 5 replies

Factual Reporting: All NFC, Not Just Apple Pay

Tamarai

Oct 27, 2014, 7:41 AM
Any device or card-with-a-chip that supports the NFC protocol for contactless payments has been disabled, this includes Google Wallet. It is by no means specific to Apple Pay.

Factual reporting is always a good choice 🙄
...
Brad K

Oct 27, 2014, 9:30 AM
Wasn't an un-factual report, just very selective reporting. Gotta watch out for things like that in media, they can be very selective of which facts are reported and which are not to mislead you from the full facts without technically lying.
...
Zpike

Oct 27, 2014, 9:39 AM
You can be found guilty of perjury in a court of law for omitting certain facts under federal law.
...
Jellz

Oct 27, 2014, 10:03 AM
The first line is "CVS and Rite Aid have disabled the NFC-based payment systems within their stores," it doesn't say they just disabled Apple Pay. Now, it does go on to talk about Apple Pay being disabled, but come on. It was released a week ago and suddenly NFC is being shut off in different stores? A connection begs to be made there.
...
Brad K

Oct 27, 2014, 10:20 AM
I would be interested to see how it affects the retailer. When you make a credit card transaction the store has to pay a set % to the credit card processing company. I wonder if the fee is much higher with the NFC payments, that would explain them disabling it.
...
vikes0115

Oct 27, 2014, 10:23 AM
For some reason I haven't ever been able to get an answer to; the interchange fee is almost double. This is despite the risk of fraud for the issuing bank being significantly less than with a magnetic swipe transaction.
...

This forum is closed.

Please log in to report a message to the moderator.

This forum is closed.


all discussions

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2020 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.