Apple Pay, the mobile payment system available in the newest versions of the iPhone, has hit a snag. When Tim Cook announced the new mobile wallet during Apple's fall product event, he made it clear that Pay was launching with full force, with a long list of retailers already on board. Six banks signed up, along with Bloomingdales, Panera, Sephora, Groupon, Subway, Disney, Target, McDonald's, Whole Foods, Macy's, and Walgreens. Two big retailers, however, are taking a stand against the mobile payment system: Rite Aid and CVS.
Although the technology—which allows you to pay at checkout counters by swiping your phone, rather than a credit card—worked when Apple Pay first launched early last week, over the weekend, both companies disabled Apple Pay in their stores.
It's not just a shot at Apple, however. Google Wallet and Softcard, similar e-pay products, were also disabled. Ashley Flower, spokesperson for Rite Aid, told CNBC, "[Rite Aid] does not currently accept Apple Pay. [We are] still in the process of evaluating our mobile payment options." CVS has not commented, nor has Apple. Flower told Business Week, "We are continually evaluating various forms of mobile payment technologies, and are committed to offering convenient, reliable, and secure payment methods that meet the needs of our customers."