CVS signed a contract with PayPal July 30, planning to implement PayPal QR code technology at 8,200 of its locations by the fourth quarter.
PayPal partnered with national retailers in 2012, but the payment options required customers to enter a PIN code or swipe a card, so the systems were not contactless.
“In the midst of the COVID-19 pandemic, digital payments have become more important and essential than ever,” Dan Schulman, president and CEO of PayPal, said a July 29 report. “Our record performance in the second quarter — our strongest quarter ever — reaffirms the relevance of PayPal in the unfolding digital future.”
More articles on pharmacy:
Operation Warp Speed: a timeline so far
J&J begins human trials for COVID-19 vaccine
Ohio’s board of pharmacy bans hydroxychloroquine for use in COVID-19 patients
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
