In a recent report, it has been revealed by Re/Code the Technology website that Apple has worked out a partnership with 2 bigwig US Drug retailing chains in the United States, CVS and Walgreens, for using its new platform of iPhone payment in brick and mortar stores.
As per the report of Re/Code, as the rumored mobile payment service is expected to be launched soon by Apple, CVS and Walgreens would accept the purchases through the new payment platform of Apple in near future.
About the partnership of Apple with CVS and Walgreens, Re/Code stated in a report that with over 15,000 locations combined, acceptance by these 2 chains will give Apple a huge footprint if there is involvement of all the stores.
The report of Re/Code disclosing the team up of Apple with 2 drug giants to launch the mobile payment platform comes after it has been revealed by previous reports that Apple would partner with leading financial institutions and credit card companies for its new service. The company is in talks with JP Morgan Chase, Citigroup, Capital One, Bank of America, Visa, MasterCard and American Express.
In addition, a report earlier this week had disclosed the teaming up of Apple with Nordstrom, the upscale fashion retailer for forthcoming iPhone payment system. According to the report, the mobile point-of-sale terminals have already been upgraded by the retailer for accommodating the new service of Apple.