CVS TO ROLL OUT 'CONTACTLESS' PAYMENT NATIONALLY

WOONSOCKET, R.I. -- CVS here plans to roll out a radio-frequency-based payment system at its more than 5,300 stores by mid-2005 in one of the largest retail deployments of RF point-of-sale payment technology, according to American Express, New York.Part of a growing wave of RF payment devices, also called "contactless" devices, the CVS system is called ExpressPay, from American Express. It allows

WOONSOCKET, R.I. -- CVS here plans to roll out a radio-frequency-based payment system at its more than 5,300 stores by mid-2005 in one of the largest retail deployments of RF point-of-sale payment technology, according to American Express, New York.

Part of a growing wave of RF payment devices, also called "contactless" devices, the CVS system is called ExpressPay, from American Express. It allows consumers to pay for purchases by waving a key fob or specially embedded American Expres

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