TheStreet's Jim Cramer shares his thoughts on drug retailers Rite Aid and CVS refusing to accept Apple Pay at their stores. Apple has Visa and MasterCard, the two most important companies when it comes to payments, making it difficult for the company to avoid using Apple's system, Cramer says. Apple Pay allows users to ditch the plastic cards in favor of digital ones saved on the smartphone device. Shares of Rite Aid are trading up almost 1.3 percent on Monday, but remain down about 4.85 percent since the start of the year. CVS Health Corp shares edged up just under 1 percent on Monday and have jumped almost 19 percent year-to-date.
More from Video
AMSC CEO discusses that and China challenges.
One of pharma's biggest CEO's talks M&A action on the exchange.
Citi overcame a mixed print to send its stock surging on Monday.
There is a lot of Apple news to chew on Wednesday.