Date: Tuesday, May 5th, 2015, 17:15
Category: News, retail
Home Depot just double down and will become the largest retail chain to date to support Apple Pay.
The retailer on Tuesday officially announced upcoming support for Apple Pay for its 2,000+ stores.
Speaking on behalf of the home improvement retailer, company representative Steve Holmes told Bloomberg that his company plans to introduce in-store support for Apple Pay, but declined to specify an exact rollout timetable.
Within the past week, however, customers who normally use Apple Pay at their local Home Depot discovered the chain abruptly reversal of policy. Home Depot had stated that it is “evaluating a number of new payment methods, including a number of mobile payments but have not made any permanent decisions and we cannot confirm whether these technologies are fully supported at this time.”
Many NFC-equipped POS terminals compatible with mobile payment platforms like Google Wallet can also accept Apple Pay transactions. The decision to include support comes down to store owners, who must work on the backend with card processing companies and credit card networks.
Stay tuned for additional details as they become available.