World News – CA – CVS Pharmacy is the first national retailer to offer contactless payments through Paypal and Venmo

Starting at once, customers can use PayPal and Venmo QR codes when paying at over 8,200 CVS stores nationwide

CVS Pharmacy, the retail division of CVS Health, announced that customers can now verify purchase without touch using PayPal and Venmo QR codes at 8200 independent retail sites. These codes allow customers to safely pay for their merchandise without having to touch the keyboard or sign a receipt, while also being able to access multiple payment methods available in PayPal and Venmo wallets..

Using QR codes allows customers to safely pay for their merchandise without having to touch the keyboard or sign a receipt.

AI Recommended News: PlaySight announces an updated product range with GO and Sports PRO video platforms

The partnership, first announced in July, has made CVS Pharmacy the first national retailer to integrate PayPal technology and Venmo QR Code into its POS experience in all independent locations across the country.. The touch-free experience will be available to existing PayPal and Venmo customers, while new customers can subscribe and link their preferred payment method usually within minutes..

Since January, CVS has seen a 43% increase in touchless transactions, and according to research by Forrester, 11% of U. s. Residents have reported using a digital payment method for the first time as a result of the pandemic. New research from PayPal1 also showed that 57% of consumers surveyed said digital payment offers to merchants influence their desire to shop in their stores.. More than a third (34%) say they will never buy from merchants if payments that support the QR code are unavailable, reinforcing the need for a touch-free payment experience, especially in primary retail environments like pharmacies..

“We put the safety of our customers at the forefront of our innovation, and focused resources on finding new ways to make customers’ lives easier and more convenient, ”said John Roberts, Executive Vice President and Director of Operations at CVS Health.. “Introducing more digital options, including contactless payments on the registry, has been in line with changing consumer preferences.

Featured news from AI: Nightfall AI joins the CircleCI Partner Network to bring Data Loss Prevention to Programming Commitments

“The launch of PayPal and Venmo QR codes at CVS Pharmacy stores will not only provide health-conscious customers with a touch-free way to pay at checkout, but also bring the security of PayPal and Venmo transactions to the store. With shoppers, Jeremy Junker, senior vice president of Inbound Consumer and Digital Commerce, said PayPal. We are delighted that the QR codes PayPal and Venmo will help keep CVS customers and employees safe, especially in the primary pharmacy retail environment as the winter months enter.

To use the CVS Pharmacy’s new touchless payment option, customers simply open either the PayPal or Venmo mobile app and click on the « Scan » button and select the « Offer to Pay » option. PayPal customers will be able to pay with debit or credit cards stored, bank accounts, PayPal credit, or PayPal Credit. With Venmo QR codes, customers can pay with debit or credit cards, stored credit, bank account, Venmo balance, or Venmo credit card for eligible customers.. Additionally, PayPal does not charge the customer a fee when paying with PayPal or Venmo QR codes, and those enrolled in CVS’s ExtraCare Rewards program will still be able to redeem and apply savings with an ExtraCare account when paying with PayPal or Venmo QR codes.. .

This year, CVS Pharmacy accelerated the availability of innovative digital and mobile options to customers. In addition to expanding home delivery services and establishing partnerships in the market with InstaCart and DoorDash, the retailer has added new features to the CVS mobile app.. From an updated user interface to more app-only rewards, extensions make it easy for ExtraCare members to use contactless coupons and loyalty program rewards, and scan product barcodes to easily find savings..

The AIT News Office is a trained group of web journalists and reporters gathering news from across the technology landscape.. The technical space includes advanced technologies related to artificial intelligence, machine learning, ITops, cloud security, privacy and security, cyberthreat intelligence, space, big data and analytics, Blockchain and Crypto..
To contact, please write to AiT Analyst at news @ martechseries. Com.

AiThority covers AI technology news, editorial insights and digital marketing trends from around the world. Updates on the adoption of modern marketing techniques, AI interviews, technical articles and events.

Venmo, CVS Pharmacy, Payment, CVS Health, QR code