CVS Pharmacy

21 news stories.

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Linux Foundation launches open source digital wallet project

By Tom Phillips • • Updated • nfcw.com
The Linux Foundation logo

The Linux Foundation, a non-profit technology consortium that hosts and promotes the development of open source projects including the Linux kernel and Kubernetes, has launched a collaborative effort to develop open source software to support interoperability for a wide range of digital wallet use cases including digital identity and payments.   ... More

What's New in Payments

MCX responds to criticism

By Rian Boden • • nfcw.com

“Much of the conversation the past couple of days has been misinformed about the product MCX is developing, so we’d like to set the record straight,” the retailer-owned consortium says in a detailed blog post outlining its position and plans for its CurrentC mobile wallet that has been published in response to criticism of the decision taken by member merchants CVS and Rite Aid to pull support for NFC payments... More

What's New in Payments

NRF defends retailers’ decision to block NFC payments

By Rian Boden • • nfcw.com
NRF's Mallory Duncan

“Merchants large and small make business decisions every single day based upon what makes the best sense for the business, their associates and most importantly, their customers,” says Mallory Duncan, senior vice president of the US’s National Retail Federation, in a statement issued in the wake of the decision taken by CVS and Rite Aid to stop accepting Apple Pay and other NFC payments... More

What's New in Payments

Retailer-owned payments venture MCX unveils CurrentC brand

By Sarah Clark • • Updated • nfcw.com
CurrentC

Merchant Customer Exchange (MCX), the mobile payments venture co-owned by US retail chains with collective revenues of more than US$1 trillion annually, has announced that its payments, loyalty and offers platform is to be called CurrentC — and provided the first details of how the service will work when it rolls out to 110,000 merchant locations across the US in 2015... More

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