Consumers who had been using Apple Pay at CVS and Rite Aid received a rude shock over the weekend when the chains turned off the technology at their stores across the U.S. Apple Pay enables mobile payments using the latest iPhone models or Apple Watch. The technology underlying it — NFC, or near field communications — allows transactions to be performed on a point-of-sale terminal with a tap or wave of a phone. Both Apple Pay and Google Wallet use NFC for mobile payments.
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CVS, Rite Aid Kick Apple Pay to the Curb
Posted by: John P. Mello Jr. October 27, 2014 04:43 PMConsumers who had been using Apple Pay at CVS and Rite Aid received a rude shock over the weekend when the chains turned off the technology at their stores across the U.S. Apple Pay enables mobile payments using the latest iPhone models or Apple Watch. The technology underlying it — NFC, or near field communications — allows transactions to be performed on a point-of-sale terminal with a tap or wave of a phone. Both Apple Pay and Google Wallet use NFC for mobile payments.