Company News »

Walgreens Begins Accepting Apple Pay in Stores

Business Wire
Share on StockTwits
Published on

Walgreens (NYSE:WAG) (Nasdaq: WAG) today announced the availability of Apple Pay at Walgreens and Duane Reade drugstores nationwide. Apple Pay makes the check-out process for customers convenient and simplified.

“Customer experience is top of mind for Walgreens, and Apple Pay provides more flexibility for customers to use their payment of choice,” said Alex Gourlay, President, Customer Experience and Daily Living, Walgreens. “Incorporating the latest mobile technology into our business is another way we are offering ultimate convenience for our customers.”

In the more than 8,200 Walgreens and Duane Reade drugstores, Apple Pay works with iPhone 6, iPhone 6 Plus and the upcoming Apple Watch. Customers just hold their iPhone near the contactless reader at checkout, with their finger on Touch ID, to easily and securely pay.

Security and privacy is at the core of Apple Pay. When a user adds a credit or debit card with Apple Pay, the actual card numbers are not stored on the device nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code, instead of using the security code from the back of the card. If the iPhone is lost or stolen, the owner can use Find My iPhone to quickly suspend or remove cards from the device.

For more information on Apple Pay, visit: http://www.apple.com/apple-pay/

Video footage available: register check-out and pharmacy.

About Walgreens

As the nation’s largest drugstore chain with fiscal 2014 sales of $76 billion, Walgreens (www.walgreens.com) vision is to be America’s most loved pharmacy-led health, wellbeing and beauty enterprise. Each day, in communities across America, more than 8 million customers interact with Walgreens using the most convenient, multichannel access to consumer goods and services and trusted, cost-effective pharmacy, health and wellness services and advice. Walgreens scope of pharmacy services includes retail, specialty, infusion, medical facility and mail service, along with online and mobile services. These services improve health outcomes and lower costs for payers including employers, managed care organizations, health systems, pharmacy benefit managers and the public sector. The company operates 8,207 drugstores with a presence in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Walgreens digital business includes Walgreens.com, drugstore.com, Beauty.com, SkinStore.com and VisionDirect.com. Walgreens also manages more than 400 Healthcare Clinic and provider practice locations around the country.

Share on StockTwits