Jordan Strauss/Invision for Disney Store
CVS Health is next to cut ties with Apple Pay.
The payment service that debuted Oct. 6 conflicts with another service called CurrentC that will use QR code instead of a NFC chip when it's released, according to USA Today.
The pharmacy chain followed Rite Aid's recent lead by rejecting payments through Apple Pay on Saturday after businesses such as Wal-Mart and Best Buy declined to take part in Apple's new program announced in September.
Joe Raedle/Getty Images
Apple Pay required retailers to buy equipment to connect with the NFC chips in a customer's iPhone 6 and 6 Plus.
Third-party payment services such as Mercent Customer Exchange, which will produce CurrentC, eliminates the 2 to 3 percent credit card transaction fee charged by major credit cards.
nhensley@nydailynews.com
Posted by Unknown on Sunday, October 26, 2014 - Rating: 4.5
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