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CVS Stores Reportedly Disabling NFC to Shut Down Apple Pay and Google Wallet
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MCX may end up using tokenization, and maybe even NFC, who knows. If it gets popular and does support NFC, Apple will probably end up supporting it.
For apple pay to succeed they need retailers not just card companies and banks. The biggest Company apple has under their list is mcdonalds but nfc payments been taken at mcdonalds for years now. Why did apple jump in the nfc payment late in the game? because they need a little establishment. The places apple listed has been taking NFC payments long before apple pay was even announced. Until apple announce some big name retailers, apple pay isn't going anywhere fast.
The ironic thing is that solutions like Apple pay and Google Wallet actually helps increase profit at retail stores. All stores lose a certain percentage of profit due to fraud. It also costs money to prevent fraud. Similar to how most of the world (except the U.S.) has implemented chip and pin cards and greatly reduced credit card fraud, NFC payments (especially with fingerprinting) makes fraud even harder. Even if CVS and rite aid has partnered up with this other payment system, anyone that doesn't use it will be forced to use a normal credit card. Every time a normal credit card is used, they are now subjected to increase fraud that they are liable for. It just doesn't make sense why they are not implementing both systems. Their goal should be to reduce the number of traditional credit card usage.
The reason that people put up with the Starbucks app is because that's a simple way of getting the rewards points.
The app is definitely more inconvenient than Apple Pay.
-t
As long as it uses NFC, I don't see why that can't use both systems.
Applepay doesn't work with Adriod phones, I'm sure some system will come along for them.
Edit: Opps.....I didn't know about Google Wallet...apparently there are other competing payment methods.
Applepay doesn't work with Adriod phones, I'm sure some system will come along for them.
Edit: Opps.....I didn't know about Google Wallet...apparently there are other competing payment methods.
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True. And the reason why it's so popular is primarily the Starbucks rewards program. This is the strength of the MCX system as well. It will integrate with loyalty programs. If the app is implemented well, I could see it becoming popular. However, personally I would prefer Apple Pay (and similar systems) to succeed because of the better privacy protections and security. I'm not a fan of signing up to dozens of loyalty programs.
What people say they'll do in a showboating display of faux "disdain" and drama on the internet, I very much doubt they'll follow through with in REAL life, as a majority. The worst thing to happen to news articles was enabling the masses to type a reply... because everyone HAS HAS HAS to pull up to the platform on their ego train, so everyone can have a good look at what they're saying - they're then hoping "passengers" will climb on board, so they have a captive audience for their views, as they are driven to the "destination" that noone ever seems to arrive at.
No, contact payments will be widely accepted but contactless likely will not in the US. If you are not enabled for contact payments next October, you're in a world of hurt.
I just transferred all my prescriptions to Walgreens from CVS. It was a move I had been contemplating for awhile, but this finally did it.
It's not about them not supporting a specific platform - it's the anti-consumer behavior and approach they have taken.
It has proven that Apple Pay is the most secure (to date) way to pay with a credit card. Yet CVS doesn't feel our data should be "secure", so they disable NFC technology - a STANDARD.
Yes, I won't shop at CVS anymore. I have the luxury have going to Wal-Greens, right next door.
There is little reason to assume that the MCX system will be less secure. It also uses a form of tokenization, although it's cloud- rather than device-based. It will allow the merchants to easily track and datamine your purchases though.
Hey hey! Keep logic out of here!
Yes. Not accepting Apple Pay will make their business go down in flames.
People tend to over emphasize their importance.
Apple's implementation is currently more convenient than others, but the standard is not Apple's.
You can use NFC contactless with Google Wallet, with NFC cards issued by the bank, and eventually with some of the kickstarter cards we've seen that allow you to store several cards on one NFC enabled card. Nothing stops Windows phone from having its own system, or any of the smart watch vendors from having NFC chips in their wearables that can store CC info.
Of the ones I've seen so far, I like Apple's best due to the combination of authentication, security, and ease of use. I don't expect Apple to maintain that advantage forever, though, and there are still ways it could be better.
I don't see CurrentC becoming any kind of enduring standard.
Send CVS feedback
Send feedback to CVS at:
http://www.cvs.com/help/email-customer-relations.jsp?callType=store&topicid=200018
Be polite (it's more effective). Note that you don't have to fill out the fields without the red asterisks.
Send feedback to CVS at:
http://www.cvs.com/help/email-customer-relations.jsp?callType=store&topicid=200018
Be polite (it's more effective). Note that you don't have to fill out the fields without the red asterisks.
People will show their preferences by shopping for convenience. Must people will not post on MAcRumors as they don't even know about it. However people know they want when shopping and people that own iPhone6
Want to surely use ApplePay
What do you think would happen if Apple and Google banned MCE's app from their app stores? MCE's payment system would have no chance to survive and they would resort to legal action, to be sure. Why should this be any different?
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I knew this would happen. Refer to my thread.
-Apparently, I'm not the only one who doesn't trust it.
-Apparently, I'm not the only one who doesn't trust it.
I own a 6+ and don't use Apple Pay. Not everyone who owns a new iPhone wants to use Apple Pay.
Apple pay users are a fraction of a fraction of a percent of these companies consumers. If most retailers follow this example, apple pay won't have much use. What good is protecting my credit card number at 1/10 the places I shop? I'm very frustrated with credit card theft and the USA is really fighting the solution for some reason. Visa/mc hold the power and the risk. They can force acceptance to some degree I would imagine.
Many are saying they will not shop at CVS, which is their right. Are these same people going to stop shopping at Best Buy, Target, Kohls, Wal Mart, Lowes, Sears, etc? If not, then nothing has been achieved.
This may actually be good news for your mom and pop stores in your town. When they upgrade their equipment next year, they will likely add NFC. So if the chains won't support it, support your local merchants. Keep the money in town.
This may actually be good news for your mom and pop stores in your town. When they upgrade their equipment next year, they will likely add NFC. So if the chains won't support it, support your local merchants. Keep the money in town.