Can Apple Win Over Retailers With Its Digital Wallet?

Walmart already is snubbing Apple Pay

Launching a revolutionary digital wallet is going to prove challenging even for Apple as it lobbies retailers large and small to invest in the technology.

Just two days after Apple debuted Apple Pay at its much-anticipated iPhone event, the world's largest retailer—Walmart—says it won't buy into the mobile payment system, according to The Wall Street Journal. Best Buy also won't support Apple Pay.

The service allows consumers to pay with the iPhone 6 thanks to near-field communication (NFC)—chips in the phones that communicate wirelessly with readers at checkout counters.

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