- Nov 15, 2013
Apple Pay launched last week. In store, it's a secure way to pay for items using existing NFC technology, authorized by Touch ID fingerprint technology. It in no way precludes the use of other NFC-enabled payment systems, including credit and debit cards, or other platforms or apps. It's easy to use, lightning fast, and extremely customer friendly. It's also private, not releasing transactional information beyond what the retailer needs to process the payment. So, CSV and Rite Aid are both going so far as to disable NFC support in general just to make sure no one tries to use Apple Pay in their stores. Yes, they'd rather hobble their transactional systems entirely than let their customers use Apple Pay. They'd rather use their own system, CurrentC, which looks about as insecure, non-private, and poorly architected as you'd imagine it would.
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