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CVS Stores Reportedly Disabling NFC to Shut Down Apple Pay and Google Wallet
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Actually, when your health plan includes pharmacy coverage it'll state where you need to fill your prescription (CVS, ExpressScripts, etc...). If you don't use the plan sponsored pharmacy you'll either be fined a fixed amount or have to pay more for the same drug. So much for choice.
Exactly correct.
I wrote Rite-Aid previously, and did not bother with CVS because they don't appear to operate anywhere near me.
You're obviously joking, but what makes this even more funnier is the fact that most retailers operate with this baffling thought process.
I just don't understand why you would turn away a paying customer. WHO SAYS "NO" TO MONEY?
What if I left my wallet in the car accidentally? Now you have to clear my transaction, and I have to go all the way outside, come back in, and get in the back of the line.
I'm sorry, but **** THAT. Looks like I will now be doing all of my drug store related shopping at Walgreens. Besides, CVS prescriptions are too damn high, even WITH insurance.
Looks like Walgreens/Duane Reed are about to get a modest boost in business as more Apple users start adopting/using Apple Pay.
Dumb move by CVS
I agree with most of the previous post about this being a dumb move by CVS. I travel a lot in my work and nearly every time I see a CVS or a Walgreens, they are literally across the street from each other. I normally go to CVS in my hometown because their parking lot is a little easier to get in and out of but supporting Apple Pay is enough to tip the scales for me, I will be going to Walgreens from now on.
I could even understand if CVS's position if their payment system was up and running today but to essentially tell customers "come back in 3-9 months and try our NFC system" is just plain dumb. Due to all the security breaches at major retailers over the past year or so, I really think the market is going to move QUICKLY to tokenized payments where credit card info is not given to retailers. Apple is in a great position to be the first to put together a viable payment ecosystem with enough banks, credit cards and retailers to become the defacto standard. I think CVS has placed a big bet on the wrong horse.
I agree with most of the previous post about this being a dumb move by CVS. I travel a lot in my work and nearly every time I see a CVS or a Walgreens, they are literally across the street from each other. I normally go to CVS in my hometown because their parking lot is a little easier to get in and out of but supporting Apple Pay is enough to tip the scales for me, I will be going to Walgreens from now on.
I could even understand if CVS's position if their payment system was up and running today but to essentially tell customers "come back in 3-9 months and try our NFC system" is just plain dumb. Due to all the security breaches at major retailers over the past year or so, I really think the market is going to move QUICKLY to tokenized payments where credit card info is not given to retailers. Apple is in a great position to be the first to put together a viable payment ecosystem with enough banks, credit cards and retailers to become the defacto standard. I think CVS has placed a big bet on the wrong horse.
Totally agree. I'm 22 and I have never in my life signed for anything when paying by card. It's always been chip & pin which is far more secure and quicker. Infact a lot of places I just place my card on the terminal and it's paid for using NFC.
When I was in school and worked as a waiter at a certain nice fine dining restaurant for around 5 years every time an American was in and wanted to pay by card I was literally like 'oh great here we go' - literally had customers from everywhere on earth yet it was the yanks that still sign their receipts. Why? I have no idea, as I sure as hell can't be bothered checking the signature.
I actually think something like Apple Pay would have been better hitting the UK first, it's actually pretty quick at adopting this sort of thing and everyone here has an iPhone (so many would upgrade to a 6). I'd say 60% of the places I shop at support NFC cards and I know most would love to pay using their iPhone.
Lets hope this isn't like iTunes Radio which hit the US and never crossed the pond. The sooner Apple Pay arrives in the UK the sooner I'll be inclined to upgrade.
That last part is huge for these guys. Like target, it seems they all like to store credit card numbers. Otherwise hacks like target wouldn't really make a difference. The text that says the payment system attaches to your bank account scares me, that means no privacy, a hack will be devastating because there are no chargebacks on a bank account. So instead of a hacked or just getting a list of credit cards, now they get a list of bank account numbers purchase history, address information in your name it.
Interesting. I'm on this forum quite a lot and I haven't seen a complaint about a $0.99 app in about 4 years. Where do you get your information?
So out of curiousity, I just looked up MCX and found their press release...from over 2 years ago.
Yes, there are some heavy hitters in this consortium (Wal-Mart, Target) but there are also a bunch of dying brands (Rite Aid, CVS among them, as well as Sears and Best Buy). This quote first caught my eye:
So basically, it's going to start out as coupon and reward card repository--how revolutionary--nothing like that's available yet.
And here we are two years later with no indication they are any closer to implementing even the first phase of this program, much less an actual payment solution. What cracks me up is the final line of the previous quote, that the application will be available through virtually any smartphone. So these retailers have just cut off access to the native payment solutions of the two largest mobile platforms in existance and they think they'll be able to implement their own solution on these same smartphones. I wouldn't hold my breath on that MCX. Apple doesn't always play nice with the competition (i.e. Google Wallet can't be used to make wireless payment on the iPhone, various apps don't get approved for various unclear reasons) and you've just pissed off not only the largest player in mobile phones, but the largest company in the world--a company that provides those very smartphones you're going to need for your application. Good move.
I personally don't visit most of these merchants anyway because frankly, most are crap but moves like this will ensure I don't visit any of them again any time soon.
Yes, there are some heavy hitters in this consortium (Wal-Mart, Target) but there are also a bunch of dying brands (Rite Aid, CVS among them, as well as Sears and Best Buy). This quote first caught my eye:
So basically, it's going to start out as coupon and reward card repository--how revolutionary--nothing like that's available yet.
And here we are two years later with no indication they are any closer to implementing even the first phase of this program, much less an actual payment solution. What cracks me up is the final line of the previous quote, that the application will be available through virtually any smartphone. So these retailers have just cut off access to the native payment solutions of the two largest mobile platforms in existance and they think they'll be able to implement their own solution on these same smartphones. I wouldn't hold my breath on that MCX. Apple doesn't always play nice with the competition (i.e. Google Wallet can't be used to make wireless payment on the iPhone, various apps don't get approved for various unclear reasons) and you've just pissed off not only the largest player in mobile phones, but the largest company in the world--a company that provides those very smartphones you're going to need for your application. Good move.
I personally don't visit most of these merchants anyway because frankly, most are crap but moves like this will ensure I don't visit any of them again any time soon.
Thanks....Now I cant use my Nexus 5 now....Thanks alot....
How is this Apple's fault? They want stores to accept NFC payments too.
Do you guys think that Apple Pay is beneficial for stores? No, because Apple gets a share of every transaction completed using Apple Pay. So obviously retailers are coming up with their own system. Yes, the stores should have anticipated this and come up with their own solution, and as a result they are lagging behind and are making Apple sheep angry because they want to use this handy function RIGHT NOW. God forbid that they have to wait a couple of months longer to do a mobile payment.
Reading through the comments above, I honestly had no idea that Americans don't use chip and pin cards. I personally don't want to pay by phone because it imposes more risk then just using my bank card and tapping in my code. Never ever had a problem with this, and thanks to maestro it works almost everywhere.
Reading through the comments above, I honestly had no idea that Americans don't use chip and pin cards. I personally don't want to pay by phone because it imposes more risk then just using my bank card and tapping in my code. Never ever had a problem with this, and thanks to maestro it works almost everywhere.
It's like UltraViolet for movies. Basically a system made because they wanted to actively avoid Apple/Microsoft technology.
In early-2015 Apple can simply update its iOS TOS to state if any developer bans the use of ApplePay in favor of their app through direct action or contracural provisions, their app simply will also be banned from iOS "for triple the period of time the ban was in place" (ie. from 10-25-14).
Not true--they pay fees to their merchant services provider for processing Apple Pay transactions. They just don't pay anymore than they would if a traditional card was used.
This type of backlash is typical, first they reject then regret, if history is any indication those people should learn and spare themselves the embarrassment.
Whoever told you that is lying to you. Don't trust anything they say, as they are an unreliable source of information. The merchant doesn't pay Apple anything, the banks do.
The banks will save much more on reduced fraud than they pay Apple.
So don't trust anyone who tells you that this is because of the fifteen hundredths of a cent from each dollar that Apple gets from the bank for providing more secure authentication. They're either misinformed or intentionally spreading misinformation.
Simple: Apple will just demand 30% of every currentC transaction initiated from an iPhone app (as is their right) and that will be the end of this nonsense.
