Date: Wednesday, July 13th, 2016, 08:25
Category: Apple Pay, News, retail
It looks like Apple Pay may be coming to CVS in the near future.
While the pharmacy chain has yet to announce an actual launch date, it has stated that it is currently “evaluating” mobile payment options.
Accounts of miscellaneous CVS locations accepting Apple Pay transactions have occurred for about a month on Twitter, and a recent tip suggests transactions are working at a location in Key West, Fla.
CVS has also taken to Twitter, however, stating that it isn’t officially accepting Apple Pay, or any other mobile payment platform based on NFC.
“We are in the process of evaluating mobile payment options for our customers,” the company said on Monday.
CVS has yet to adopt a mobile payment system to date. Granted, the change requires a massive upgrade on the back end, in which is must invest in marketing and NFC-capable terminals. Smaller businesses can make use of cheaper Apple Pay-compatible readers tied to payment services like Square.
Accordingly, major merchant support for Apple Pay has grown much more slowly than bank and credit union compatibility. Even as the platform comes to countries like Singapore and Switzerland, many U.S. retailers that have pledged support — like Anthropologie, Chick-fil-A, Forever 21, and JCPenney — have yet to deliver.
Stay tuned for additional details as they become available.