CVS launches CVS Pay mobile wallet

CVS (NYSE:CVS) has launched CVS Pay, a mobile payment solution integrated into its mobile app. The program combines payment, prescription pickup and the ExtraCare loyalty program into a single solution.

It's an end-to-end solution available on both iOS and Android devices. Users register credit or debit cards – it works with all major credit, debit, Health Savings Account and Flexible Spending Account cards – and present a digital barcode on their mobile device for scanning at checkout.

Shoppers can order refills, manage prescriptions and get alerts within the app. The program links to the shopper's loyalty account to access any ExtraCare deals, earn rewards and make a payment.

The associate will scan the barcode, ring up the purchases, let the customer choose a payment method from those stored in the app, and then process the payment.

In July, AppleInsider reported that CVS was accepting Apple Pay in a handful of stores as it evaluated several different digital payments solutions.

CVS Pay is now available in select CVS stores in New York, New Jersey, Pennsylvania and Delaware, and will roll out nationwide later this year.

Both CVS and Walmart had been members of the Merchant Customer Exchange, which abandoned its tests of the CurrentC digital payment program earlier this summer. Walmart Pay is now available at all Walmart stores.

For more:
- see this CVS announcement
- see this AppleInsider story