12/19/2023 0 Comments Can android use apple pay![]() Rite Aid CEO Ken Martindale said the move to mobile payments is a way to offer customers "an easy and convenient checkout process, which we know is important to them." Analysts view small payments for candy, sundries and other items like those made at pharmacies as the best way for smartphone payments to catch on.Īpple Pay has steadily gained ground with retailers, and Apple has stated it will be accepted at 1.5 million locations in the U.S. Rite Aid joins Best Buy and others in sticking with MCX but also accepting Apple Pay and other payment systems. The "tap and pay" approach is a few seconds faster than dipping a card, and is considered as fast as using a smartphone with NFC that activates a payment by bringing a phone near a payment terminal. Many retailers will require chip cards to be inserted, or dipped, into a payment terminal. In addition to supporting smartphone payments with NFC, Rite Aid said it will accept payments with "tap and pay" credit and debit cards, which are cards that incorporate a computer chip for added security. "Our mobile payment strategy includes the acceptance of CurrentC when it becomes available on a nationwide basis." Swipe fees add 2% to 4% per transaction, and MCX members have offered up an alternative that cuts the card companies, and the banks behind them, out of the payment process.ĭespite moving to Apple Pay and other NFC systems, Rite Aid "remains a strong supporter of CurrentC," spokeswoman Ashley Flower said in an email. retailers and major credit card companies over the added cost of "swipe" fees that retailers pay to card companies and banks. ![]() They did so as a result of a protracted battle between major U.S.
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