Rite Aid originally banned the use of Apple Pay at its registers when Apple’s contactless payment system launched late last year, but it appears that the store chain is ready to change its stance later this week and let customers pay with Apple Pay.
CVS and Rite Aid kicked off the Apple Pay War last week by disabling Apple’s mobile wallet solution from working at stores, even though it was supported at launch, but a team of class action lawyers are helping fanboys fight back by hitting the companies with an antitrust investigation.
Schubert, Jonckheer & Kolbe announced that it is launching an investigation into the conduct of CVS and Rite Aid, and if they violated federal antitrust laws by colluding with one another and other MCX members to boycott competing payment systems at the same time.
Apple’s mission to replace your wallet with Apple Pay began just last week with support from more than 200,000 stores in the United States, but some merchants have already launched a war against the new payment platform.
Over the weekend, CVS and Rite Aid stores blocked Apple Pay access at their registers, marking the first counterattack in what will likely be a fierce battle to own your digital wallet. Apple Pay’s growth is unprecedented, but the anti-Apple Pay group is backed by a superhero-size team of retail megastores conspiring to make debit and credit card fees extinct. They’ll stop at nothing to see it happen, even it means hurting Apple (or themselves) in the process.
Here’s everything you need to know about the war on Apple Pay and why it’s doomed to fail.
Two major pharmacy chains have stopped supporting Apple Pay as merchants in the U.S. take sides on which mobile wallet platform to embrace.
Reports from a couple days ago revealed that Rite Aid had started disabling its NFC terminals, thereby forbidding the use of Apple Pay and Google Wallet. Now CVS has reportedly started shutting down its NFC terminals.