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2 US retailers disable Apple payment system

Published Mon, Oct 27, 2014 · 09:50 PM

San Francisco

APPLE Inc's bid to replace the consumer wallet with its mobile payment system ran into a roadblock as CVS Health Corp and Rite Aid Corp disabled the technology in their drugstores.

CVS and Rite Aid are among 220,000 US merchants that already 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. The retailers weren't …

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