After initially refusing to accept NFC mobile payments in support of still unavailable CurrentC, Rite Aid now has a change of heart.
Business August 12, 2015
Best Buy announced that it would begin accepting mobile payments from its customers through the Apple Pay system. Customers can complete their purchases using the Best Buy app in their iPhone 6 devices and in the recently launched Apple Watch.
Business April 28, 2015
PayPal is not about to give up on the mobile payments space even as Apple Pay soars in popularity and other tech titans develop their own solutions.
Deals March 3, 2015
Mobile payments are gearing up for a big year thanks to several factors, including the launch of Apple Pay and retailer incentives to consumers to use the technology. But as industry watchers note, there are still a few challenges to hurdle before mass adoption.
Apps/Software January 6, 2015
MCX's CurrentC isn't live yet, but it has already been hacked. The security breach has prompted the retailer consortium to re-evaluate its strategy, which may include support for the Apple Pay after all.
Money October 30, 2014
Apple Pay rival CurrentC has been hacked and a number of emails stolen during a testing phase of the new mobile payment service. The news comes as a blow to the MCX, the group behind CurrentC, which is attempting to build consumer trust before the official launch of the app.
Apps/Software October 29, 2014
Walmart, CVS and Rite Aid have disabled support for Apple Pay in favor of a bulkier, less secure solution called CurrentC, which will not be around until next year.
Business October 29, 2014
CVS and Rite Aid pull support for Apple Pay as they explore other options. As members of the rival MCX network, they may already have a strong idea in which direction they'll head for a virtual wallet platform.
Apps/Software October 27, 2014
CVS is now the second major retailer to cut support for NFC payments, which includes payments using Apple Pay and Google Wallet. The ending of support is likely because CVS and Rite Aid, along with other retailers, plan to launch their own mobile payment system in early 2015.
Business October 27, 2014
Wal-Mart is not taking Apple Pay payments and will roll out its own mobile payment system instead. Will CurrentC be enough to beat Apple Pay?
Phones/Tablets/Mobile Tech September 15, 2014
Retailers and financial institutions are starting to embrace virtual wallets thanks to Apple's foray into the market. For those wondering why Wal-Mart and Target were not on the Apple list of partners, they're actually playing for another team.
September 12, 2014