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CVS, Walgreens on board with Apple’s forthcoming mobile payments system, source says

“Apple’s upcoming mobile payment system will get a big head start with the country’s two largest pharmacy chains coming on board,” Jason Del Rey reports for Re/code.

“CVS and Walgreens are expected to accept purchases made with the new iPhone payment system, details of which Apple plans to announce Tuesday, according to a person briefed on the plans,” Del Rey reports. “With more than 15,000 locations combined, acceptance by the two chains will give Apple a huge footprint if all of their stores are involved.”

Del Rey reports, “Apple’s mobile payment system is expected to let shoppers wave or tap their phone at checkout terminals, in part using a wireless technology known as near field communication, or NFC, to transmit payment information from a phone to a store’s checkout system.”

Much more in the full article here.

MacDailyNews Take: 11 years, 8 months and 27 days ago, or 4 years and 30 days before Steve Jobs unveiled the iPhone, this was written:

Only Apple, in concert with a partner like Verizon, Cingular, or Sprint, has everything in place to make “The Device” a reality today… Running Mac OS X or a mobile variant, it would allow the user to communicate via text, audio, and video. It would snap digital photos and organize them, do email, and browse the web. It would sync automatically with your desktop or portable Mac… It would absorb the iPod by playing AAC / MP3 audio and interface with iTunes, but it would also play feature-length MPEG-4 movies, too, in full color… McDonald’s Drive Thru’s would accept payments via Bluetooth from “The Device.” And, of course, it would have the basics like any PDA; your date book, to do list, calculator, etc… I’ll tell you one thing, if Apple can produce it, they’ll really change everything this time, and they’ll never be able to make enough. Nearly everyone would have an Apple device in their pocket…SteveJack, MacDailyNews, December 10, 2002

Or a knockoff of an Apple device in their pocket. – SteveJack, September 6, 2014

[Thanks to MacDailyNews Readers “Lynn Weiler” and “Dan K.” for the heads up.]

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Apple’s plan to kill PayPal has finally become clear – September 4, 2014
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iWallet: Apple teaming up with Amex, Visa, MasterCard on iPhone payments – September 1, 2014
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Apple may soon deliver the watershed moment for mobile payments – August 29, 2014
Apple working with NXP to bring pay-by-touch NFC technology in new iPhone – August 29, 2014
Apple’s ‘iPhone 6′ will include NFC mobile payments, sources say – August 28, 2014
More evidence of NFC support for both iPhone 6 models – August 27, 2014
Schematic suggests NFC chip in ‘iPhone 6,’ amount of RAM remains unknown – August 18, 2014
Apple’s iPhone 6 line will sport new A8 chip, faster Wi-Fi, improved Touch ID, and NFC – August 6, 2014
NFC, wireless charging, improved LTE rumored for Apple’s ‘iPhone 6′ – June 9, 2014
Apple patent reveals new iPhone antenna that adds NFC – May 22, 2014

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