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Remember the days when the maître d’ at a fine restaurant would sniff, “We take only American Express”? It was awesome for Amex users and just plain rude for everyone else. These days, just about everyone takes everything and the going credo appears to be, “pay how you want, we just want your money.”
But not CVS, Rite Aid and, maybe, Walmart. They apparently want to turn back the hands of time, disabling or leaving dormant NFC-payments at all retail stores just so they can block an emerging form of mobile payment: Apple Pay.
Since Apple surprised the world with the mobile wallet system in September and finally launched it on Oct. 22, the news has been mostly good. It’s a powerful, secure electronic payment system that seamlessly blends hardware, software, biometric security, broad credit card support and mobile payment mechanics into one incredibly easy-to-use system. (Sorry, Google Wallet, having to enter a pin number is not as easy as putting my finger on the Touch ID pad on the iPhone 6 or 6 Plus I’m already holding.) Read more...
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