During Apple’s presentation on Tuesday, the Cupertino company took the wraps off their new mobile payment services dubbed Apple Pay. They announced that they have many major retailers and restaurants who will be participating in the program, although oddly enough it seems that neither Walmart nor Best Buy were mentioned.
Well it turns out that both retailers have announced that they will not be participating in the program, according to a report from The Wall Street Journal. Both retailers are said to be more interested in a different system called Merchant Customer Exchange. The reason behind this is because MCX’s service will only require users to download an app.
This means that it will work across a multitude of devices, as opposed to Apple Pay which will only work with the new iPhone 6 smartphones or the Apple Watch. This doesn’t mean that Walmart and Best Buy are snubbing Apple – in fact by making it more accessible, they are opening it up to customers with older devices who might have been otherwise left out of the Apple Pay initiative.
Perhaps as more users upgrade to the new iPhones and future iPhones it might be possible that Walmart and Best Buy could change their minds, but until then we guess if you wanted to pay using your phone at these retailers, you will have to use a different system.
