Apple Pay Faces Resistance From Drug Chains

By | October 27, 2014

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Major pharmacy chains CVS Health and Rite Aid have disabled Apple Pay in their stores nationwide less than a week after the mobile wallet technology was introduced, according to Bloomberg and other news agencies. CVS Health (CVS) and Rite Aid (RAD) have yet to explain the reason, although Rite Aid spokeswoman Ashley Flower told Bloomberg that the company is “still in the process of evaluating our mobile payment options.” Best Buy (BBY), GAP (GPS) Scalper1 News

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