Rite Aid Stores Now Accepting Mobile Payments
After rejecting the idea of mobile payments, the national drug store chain Rite Aid announced it is now accepting Apple Pay, Google Wallet and the upcoming Android Pay as of this past Saturday, August 15.
The change most likely came from a need to keep up with competitors like Walgreens and CVS Pharmacy, which have been accepting mobile payments for a number of months.
“By accepting mobile payments, we’re able to offer Rite Aid customers an easy and convenient checkout process, which we know is important to them,” said Ken Martindale, President of Rite Aid Corporation.
Currently, Rite Aid has approximately 4,600 stores across 31 states in the United States. Opening up the option for mobile payments will give Rite Aid’s loyal customers more ways to pay for their medications and personal needs. The company is expected to earn $26.5 billion this year in revenue, but that number may increase if mobile wallet usage continues to grow in the coming months.
Rite Aid has not confirmed whether it will accept the soon-to-be-released Samsung Pay, but it would not take much for the company to adjust its registers and POS terminals to do so.
“Investing in mobile technologies is just one piece of Rite Aid’s evolving digital strategy and we will continue to explore, test and implement innovative technologies that will help us to better serve our valued customers,” said Martindale.