CVS Pay lets you grab your prescriptions with one scan
CVS Health has been the most visible laughing stock in this early period of mobile payments. After initially hitching itself to the Merchant Consumer Exchange and a failed CurrentC app, it has flat-out refused to revert back to supporting more mainstream systems like Apple Pay and Android Pay.
The Rhode Island-based company has been planning its own mobile payments system for a while and it looks like CVS Pay is the result.
Sure, you’ve got the proprietary app that only works at CVS Pharmacy stores and you have the app producing a barcode that has to be scanned — something that reminds us of Walmart Pay. The barcode processes payments with your credit or debit card credentials and any discounts with your ExtraCare rewards card info, all at once.
As the largest pharmacy chain by store locations, customers can choose to manage their prescriptions as they are needed, get alerts as to when they’re ready to be picked up and then use CVS Pay to verify them — the only new bit is just integrating payments into one scan. Customers can also link their HSA or FSA cards for subsidies.
New York, New Jersey, Pennsylvania and Delaware get first dibs on the update for the CVS Pharmacy app, available on iOS and Android. Expansion should happen “later this year”.