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October 29, 2014

Retail skirmish blocks Apple Pay at checkout

  • A consortium of retailers called Merchant Customer Exchange plans to offer a rival mobile payment system next year.
    • By MAE ANDERSON
    AP Technology Writer

    NEW YORK — Plan on paying in stores with your shiny new iPhone 6? Not so fast.

    Retailer resistance to Apple Pay had been expected because Apple hasn't offered incentives to install pricey point-of-sale terminals and train staff on its new mobile payment system. But the decision to not accept Apple Pay by retailers that already have contactless terminals in the checkout line is a “skirmish” rooted in competition.


     
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