CVS and Rite Aid turned off NFC support last week, raising the ire of Apple supporters who vowed to take their business to Walgreens.
A recent study found that consumers under age 30 are much more likely to use plastic even to pay for purchases under $5.
Costs associated with the Apple partnership might accelerate financial institutions' plans to release their own mobile wallets — perhaps even with some help from merchants.
An executive order from the president directs the government to lead the way in securing financial transactions and sensitive data — and in pushing toward nationwide adoption of EMV.
Some forward-looking independent ATM deployers have begun to develop strategies for implementing contactless ATM transactions.
Are financial institutions shooting themselves in the foot by charging their customers to use other providers' ATMs?
The process of moving to EMV technology can seem overwhelming, but thorough planning, communication and coordination can help make the transition a success.
The question remains, with Apple Pay fully implemented and consumers and merchants all engaged, will our need for cash be affected?
The potential for interaction between the ATM and the device consumers see as key to their lifestyle — the smartphone — could increase the perceived value of the ATM in their banking routine.
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