“They’re taking a huge risk that could have catastrophic results if any of them suffer security breaches like their peers did last holiday season. That’s because the mobile payments app that they’re backing, called CurrrentC, won’t launch until sometime next year, leaving customers with the same old clone-friendly credit cards they’re using now,” Del Rey writes. “Apple Pay, on the other hand, is a much more secure payment method than traditional cards. What happens when one of these stores gets hacked during the holiday season like Target, Home Depot and Michaels were last year? They’ll be on the receiving end of pure customer outrage coupled with hard questions from elected officials.”
Del Rey writes, “MCX retailers like CVS and Rite Aid are choosing to ban a payment method that is more secure than what is currently the default non-cash method.”
Read more in the full article here.
MacDailyNews Take: In just one week, Apple Pay has already facilitated more transactions than all other ‘contact less’ payment methods combined! (Which shows how much of a flop Google Wallet is – it released over three years ago on September 19, 2011!)
Boycott CVS and Rite Aid and any other company that willfully turns off NFC in a effort to block the vastly more secure, much more private, and far easier-to-use Apple Pay service.
• Email complaints to CVS Customer Relations here.
• Email complaints to Rite Aid Customer Relations here.
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