Apple CEO Tim Cook announced today during the company’s earnings call that Best Buy will gain support for Apple Pay in its iOS app today and will begin accepting it in retail stores later this year. Best Buy’s decision is big news because the electronics chain was previously part of the coalition of companies working on the ill-recieved “Current-C” mobile payment system.
#ApplePay now accepted in the @BestBuy app and is coming to stores later this year: http://ift.tt/1DuVlGb http://t.co/2s5yI7M1u1
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Best Buy News (@BBYNews) April 27, 2015
Best Buy took to Twitter during the call to confirm the announcement.
Previous reports had indicated that Current-C retailers would not be able to accept payments from other mobile systems, but that policy was quickly clarified following public outcry, with the creators of the software saying that the exclusivity agreement would last for only “months, not years.”
Other Current-C partners have already jumped ship and moved to Apple Pay as well.
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