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CVS, Rite Aid disable Apple Pay in drugstores
CVS, Rite Aid disable Apple Pay in drugstores

Apple Inc.'s mobile payment technology ran into a roadblock a week after its introduction after CVS Health Corp. and Rite Aid Corp., part of a consortium developing a competing system, disabled Apple Pay in their drugstores. CVS and Rite Aid are among 220,000 U.S. merchants that have technology in place to read the short-range wireless signals that enable customers of Apple Pay or similar services to make a purchase by waving their smartphones. "This act by CVS and Rite Aid heralds the advent of the imminent battle in the mobile pay system," said Anindya Ghose, a marketing and information-technology professor at New York University. Spokesmen for CVS of Woonsocket, R.I.,...

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