CVS is adding another kind of touch-free payment: PayPal and Venmo QR codes
CVS is expanding its payment options by teaming up with PayPal to use its QR codes as another touch-free form of payment at the retail pharmacy chain. While both NFC and QR codes allow you to pay for things contact-free, there are pros and cons. CVS says it will be the first nationwide retailer to accept PayPal and Venmo QR codes at checkout without fees. The US has been slow to adopt QR codes as a form of payment in many stores, but overseas, QR codes have become popular in countries like China, after mobile payment platform Alipay introduced a system in 2011 that allowed offline stores to partner with them to accept real-time, contactless payment. Other industries in China, such as public transportation, also use QR code payment services like WeChat to pay for fees.